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Required information The following information applies to the questions displayed The following financial statement information is from five separate companies. Required 1. Answer the following

Required information

The following information applies to the questions displayed

The following financial statement information is from five separate companies.   

Required
1. Answer the following questions about Company A.
a. What is the amount of equity oDecember 31, 2009?
b. What is the amount of equity oDecember 31, 2010?
c. What is the amount of liabilities oDecember 31, 2010?
2. Answer the following questions about Company B.
a. What is the amount of equity oDecember 31, 2009?
b. What is the amount of equity oDecember 31, 2010?
c. What is net income for year 2010?
3. Calculate the amount of assets for Company C oDecember 31, 2010.
4. Calculate the amount of owner investments for Company D during year 2010.
5. Calculate the amount of liabilities for Company E oDecember 31, 2009.

 

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