Requirement 1. Which company appears to have the strongest financial position? Explain your reasoning Calculate the missing amounts (Enter amounts in billions) Assets Liabilities 75 $ Style Cuts Corner Bank 29 Flowers and Gifts 31 Which company appears to have the strongest financial position? Explain your reasoning (Round the percentage to the nearest hundredth percent XXX%) $ 43 $ 8 Stockholders' equity 32 21 23 8 appears to have the strongest financial position because its make up the smallest percentage of company assets. This percentage is

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business…