EX 1-5 Accounting equation

The total assets and total liabilities (in millions) of Dollar Tree Inc. and Target Corporation follow:

             Dollar Tree        Target Corporation
Assets         $3,567                $41,404
Liabilities     1,782                 27,407
Determine the owners’ equity of each company.

Answers:
Dollar Tree’s owners’ equity:  $3,567 – $1,782 = $1,785
Target’s owners’ equity:  $41,404 – $27,407 = $13,997