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4.20 Obtain the annual reports of two companies in the mining industry (usually available from company websites) and consider the items included in the balance

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4.20 Obtain the annual reports of two companies in the mining industry (usually available from company websites) and consider the items included in the balance sheet. Answer the following questions. . What range of measures are used to determine amounts for these items in the balance sheet of the individual companies? Do you think it is valid to add the items, given the measures used? How would you interpret the total amount for assets in the balance sheet? b. Compare the measures used by the different companies for similar items. Are there any inconsistencies in how similar items are measured by the different companies? LO3, 7

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