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El Gallito Enterprises Balance Sheet as of December 31,2021 Please answer the following questions: a. Which asset is more likely to be valued closest to

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El Gallito Enterprises Balance Sheet as of December 31,2021 Please answer the following questions: a. Which asset is more likely to be valued closest to its market value? Explain b. El Gallito has net fixed assts of $3,669. How much did EI Gallito paid for these assets? What is age of the Fixed Assets? c. El Gallito has a lot more in liquid assets than in fixed assets, is this normal why? What could this be signaling? d. Is there any significance to the fact that Retained Earnings balance is much larger than the amount originally paid-in? e. The market value of El Gallito is $140,000. What is the book value of El Gallito? Why there is so much difference between the book and market value of El Gallito? f. El Gallito most valuable asset is its brand name. Where in the Balance Sheet do you see its value

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