Explain the data provided
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Explain the data provided.
![2019
O O O O
total equity
23.5%
TOTAL ASSETS
1,141,044,000
total assets
50%
TOTAL LIABILITIES
604,893,000
TOTAL EQUITY
total liabilities
26.5%
536,151,000
O 0 O O
2020
O O O O
total equity
23.1%
TOTAL ASSETS
1,219,852,000
total assets
50%
TOTAL LIABILITIES
655,124,000
total liabilities
TOTAL EQUITY
26.9%
564,728,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6c45429b-81a5-45cf-93b0-0b1bedc47c72%2F6b36a5bb-2cac-478e-b429-c0342795dfb6%2Fde08uxn_processed.jpeg&w=3840&q=75)
Transcribed Image Text:2019
O O O O
total equity
23.5%
TOTAL ASSETS
1,141,044,000
total assets
50%
TOTAL LIABILITIES
604,893,000
TOTAL EQUITY
total liabilities
26.5%
536,151,000
O 0 O O
2020
O O O O
total equity
23.1%
TOTAL ASSETS
1,219,852,000
total assets
50%
TOTAL LIABILITIES
655,124,000
total liabilities
TOTAL EQUITY
26.9%
564,728,000
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