# Financial Accounting

After all events have been recorded, Lang's obligations to creditors represents what percent of total assets?
a).record the events under an accounting equation

b. After all events have been recorded, Lang's obligations to creditors represents what percent of total assets?

c. After all events have been recorded, Lang's stockholder's equity represents what percent of total assets?

d. Assume the debt is due. Given that Lang has \$6,000 in stockholder's equity, can the company repay the creditors at this point? Why or Why not?

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