Question: Below is balance sheet information for five companies.
1. ExxonMobil reports total assets of $208 billion and total liabilities of $97 billion. What is the amount of stockholders' equity?
2. Citigroup reports total liabilities of $1,400 billion and stockholders' equity of $100 billion. What is the amount of total assets?
3. Amazon.com reports total assets of $3.7 billion and total stockholders' equity of $0.2 billion. What is the amount of total liabilities?
4. Nike reports an increase in assets of $1.1 billion and an increase in liabilities of $0.4 billion. What is the amount of the change in stockholders' equity?
5. Kellogg reports a decrease in liabilities of $0.24 billion and an increase in stockholders' equity of $0.03 billion. What is the amount of the change in total assets?
Required: Calculate the answer to each.