Selected balance sheet amounts for Lenovo Group Inc., a Chinese computer manufacturer, appear next, for the years

Question:

Selected balance sheet amounts for Lenovo Group Inc., a Chinese computer manufacturer, appear next, for the years March 31, 2008, and March 31, 2007. Lenovo reports all amounts in thousands of U.S. dollars ($). Compute the missing amounts for the twoyears.

2007 2008 Total Assets Current Liabilities Current Assets Total Liabilities and Shareholders' Equity Noncurrent Liabilit

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...