Choosing between Two Companies Company A Company LLP. incl per pla ing $ 21 500 3 000 1 300 15 600 54 000 $95 400 $ 700 59 500 2500 42406 150 000 $255 100 for a Assets Bank Accounts Receivable Supplies Equipment Land and Building Total Assets Liabilities and Equity Accounts Payable Mortgage Payable Owner's Equity Total Liabilities and Equity $22 800 22 000 50 600 $95 400 $ 45 900 128 000 81200 $255 100 Above are shown the balance sheets of two companies. Assume that each i two companies has been forced out of business and must sell its assets for order to pay its debts. Questions 1. Are the values shown necessarily the values you could get? Explain. 2. Are there any problems associated with selling the assets? Explain any pro 3. Which company would be better to own? Write a short report (three / asked, based on your written report. See the Skills Appendix for advice an paragraphs) explaining your position. Be prepared to give an orale you see and why they occur. reports and oral reports