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QUESTION 20 Not yet answered Marked out of 400 P Fqutio The 2016 balance sheet o

ID: 2338842 • Letter: Q

Question

QUESTION 20 Not yet answered Marked out of 400 P Fqutio The 2016 balance sheet of Microsoft Corp. reports total assets of $193.694 million, operating liabilities of $68,010 million, and total shareholders' equity of $71.997 million. Microsoft 2016 nonoperating liabilities are: Select one: O A. $140,007 milliorn O B. $ 53.687 million O C. $ 68,010 million O D. $121,697 million O E. There is not enough information to calculate the amount QUESTION 21 Not yet answer arked but of 10 Flag question Constructing Financial Statements from Transaction Data the hadinningof ianv lt novirdes its sevices O

Explanation / Answer

Total Assets = Total Liabilities (operating + Non operating) + Total Shareholders Equity

193694 = 68010 + Non operating Liabilities + 71997

Non operating Liabilities = $53687 million

Option B is correct