Ch 03: Assignment - Financial Statements, Cash Flow, and Taxes Retained earnings Total common equity Total assets 543,750 $35,000 Total liabilities and equity 9,182 $32,813 $26,250 $35,000 $43,750 Given the information in the preceding balance sheet-and assuming that Green Caterpillar Garden Supplies Inc. has 50 million shares of commo stock outstanding-read each of the following statements, then identify the selection that best interprets the information conveyed by the balance sheet Statement #1: Green Caterpillar's pool of relatively liquid assets, which are available to support the company's current and future sales, decreased from Year 1 to Year 2 This statement is because O Green Caterpillar's total current asset balance actually increased from $15,750 million to $19,687 million between Year 1 and Year 2 O Green Caterpillar's total current liabilities balance decreased by $3,937 million between Year 1 and Year 2 O Green Caterpillar's total current liabilities balance increased from $2,363 million to $2,953 million between Year 1 and Year 2 Statement #2: On December 31 of Year 2. Green Caterpillar Garden Supplies Inc. had 58,072 million of actual money that it could have spent immediately Ch 03: Assignment - Financial Statements, Cash Flow, and Taxes Retained earnings Total common equity Total assets 543,750 $35,000 Total liabilities and equity 9,182 $32,813 $26,250 $35,000 $43,750 Given the information in the preceding balance sheet-and assuming that Green Caterpillar Garden Supplies Inc. has 50 million shares of commo stock outstanding-read each of the following statements, then identify the selection that best interprets the information conveyed by the balance sheet Statement #1: Green Caterpillar's pool of relatively liquid assets, which are available to support the company's current and future sales, decreased from Year 1 to Year 2 This statement is because O Green Caterpillar's total current asset balance actually increased from $15,750 million to $19,687 million between Year 1 and Year 2 O Green Caterpillar's total current liabilities balance decreased by $3,937 million between Year 1 and Year 2 O Green Caterpillar's total current liabilities balance increased from $2,363 million to $2,953 million between Year 1 and Year 2 Statement #2: On December 31 of Year 2. Green Caterpillar Garden Supplies Inc. had 58,072 million of actual money that it could have spent immediately