Question
Balance sheet. Use the data from the financial statements of a company shown below. Use it toanswer the 7 questionsthat follow it. When answering the
Balance sheet.Use the data from the financial statements of a company shown below. Use it toanswer the 7 questionsthat follow it. When answering the questions (filling in the blanks),DO NOT use dollar signs, USE commas to separate thousands, DO NOT use parenthesis to denote negative numbers, USE the negative sign and place it in front of first digit of your answer when your answer is a negative number.Round to the nearest dollar.
1. What is the amount for Total Assets in 2015?
2. What is amount for Total Liabilities & Owner's Equity for 2016?
3. What is the amount of current assets in 2015?
4. What is the amount for Retained Earnings in the Balance Sheet in 2016?
5. What is the amount for Net Fixed assets in the Balance Sheet in 2015?
6. What is the amount for Total Owner's Equity in the Balance Sheet for 2015?
7. What is the amount for Long-Term debt in the Balance Sheet in 2015?
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