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Edit View History Bookmarks People Window Help Connect https://newconnect.mheducation.com/flow/connect.html Learn M Gmail Applelod Cengage FIN 331 f Facebook Twitter Y Yahoo! News Pop Saved 6 Use Samsung's December 31, 2013, financial statements, in Appendix A to answer the following: a. Identify the amounts (in millions of Korean won) of its 2013 (1) assets, (2) liabilities, and (3) equity. (Enter your answers in millions of Korean won.) ok (1) Assets (2) Liabilities (3) Equity nices b. Using amounts from part a, verify that Assets Liabilities Equity. (Enter your answers in millions of Korean won.) Assets Liabilities + +Equity Prey 5 of 10 Nex>

Explanation / Answer

(a) Samsung 2013 Millions' Korean Won 1 Assets 214075018 2 Liabilities 64059008 3 Equity 150016010 (b) Assets equals Liabilities plus Equity 214075018 equals 64059008 plus 150016010

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