Nestls financial statements are presented in Appendix B. Financial statements for Delfi Limited are presented in Appendix

Nestlé’s financial statements are presented in Appendix B. Financial statements for Delfi Limited are presented in Appendix C.

Instructions

a. Based on the information contained in these financial statements, determine each of the following for Nestlé and Delfi at December 31, 2016.

1. Total current assets.

2. Net amount of property, plant, and equipment (land, buildings, and equipment).

3. Total current liabilities.

4. Total equity.

b. What conclusions concerning the companies’ respective financial positions can be drawn from the companies’ current assets and current liabilities?