Financial Statement Research Select the financial statements of any company, and focus on the balance sheet. 1.

Financial Statement Research Select the financial statements of any company, and focus on the balance sheet.

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1. Identify the amount of cash (including cash equivalents, if any) shown on the most recent balance sheet. 2. What were the total assets shown on the most recent balance sheet, and the total liabilities plus stockholders' equity? How do these two amounts compare? 3. Compute a) total liabilities and b) total stockholders' equity. (Assume that all items on the right side of the balance sheet that are not explicitly listed as stockholders' equity are liabilities.) Compare the size of the liabilities to stockholders' equity, and comment on the comparison. Write the company's accounting equation, as of the most recent balance sheet date, by filling in the dollar amounts.