Green Domet, Ins, builds environmentally sensillve structures. The company's 2021 revenues totaled $2,815 miliion. At December 31, 2021, and 2020, the company had, respectively. $644 milion and $579 million in current assets. The December 31, 2021, and 2020, balance sheets and income statements reported the following amounts: (Click the icon to view the amounts.) Read the regirsments. Requirement 1, Describe each of Green Domes, Inc.'s liabilities and state how the liability arose. Choose the correct liability from the list that best fits the description provided. The amount of long-term notes and bonds payable that the company expects to pay after the coming year. A catch-ali group of liabelies that do not fit one or more specific categories. This is usually listed among the long-term Amounts owed to suppliers for products or services that have been purchased on account. Accrued empioyse compensetion and benefits. Amounts owed to employees for salaries and other payroll-related expenses. Amounts owed for providing benefits to retirees such as health care costs. The next year's payments on the company's long-term debt. Accruad expetises taxes. Expenses that the company has incurred but not yot paid; these are liabilities for expenses such as interest and income Green Domes, Inc, builds environmentally sensitive structures. The company's 2021 revenues totaled $2,815 million. At December 31,2021 , and 2020 , the company had, respectively, $644 million and $579 million in current assets. The December 31,2021 , and 2020 , balance sheets and income statements reported the following amounts: (Cick the icon to view the amounts.) Read the requitements. The amount of long-term notes and bonds payable that the company expects to pay after the coming year. A catch-all group of liabilities that do not ft one or more specific categories, This is usualy listed among the long-term Amounts owod to suppliers for products or services that have been purchased on account. Amounts owed to employees for salaries and other payroll-related expenses. Post-retirement benefits Amounts owed for providing benefits to retirees such as health care costs. The next year's payments on the company's long-term debt. Expenses that the company has incurred but not yet paid; these are liabilities for expenses such as interest and income Requirement 2. What were the company/s total assets at December 31,2021 ? The lotal assets at December 31, 2021 wore At year-end (in miltions) 20212020 Liabilites and stockhoiders' equily Current liabilities Acoounts payable Accrued expenses Accrued employee compensation and benefts Current portion of lang-term debt Total current liabilties Long-term debt Post-retirement benefits payable Other liabilities Totai stockholders' equily Total liabilities and stockholders' equily Year-end (in millions) Costoffoodssold$2.448$2.730 Green Domes, Ino, builds environmentally sensitive structures. The company's 2021 revenues totaled $2,815 million. At December 31, 2021, and 2020, the company had, respectively, $644 million and $579 million in current assets. The December 31,2021 , and 2020, balance sheets and income statements reported the folowing amounts: Road the Requirements 1. Describe each of Green Domes, Inc.'s labbilities and state how the liability arose. any expects to pay after the coming your. 2. What were the company's total assots at December 31, 2021? 3. Assume that beginning and ending inventories for both periods did not differ categories. This is usually listed among the long-term by a material amount. Accounts payable at the end of 2019 was $190 million. Caiculate acoounts payable tumover as a ratio and days' payable outstanding (DPO) for 2020 and 2021. Calculate current ratios for 2020 and fen purchased on account. 2021 as well. Evaluate whether the company improved or deteriorated from the standpoint of its ability to cover accounts payable and current liabilies d expenses over the year: are costs are liabilitios for expenses such as interest and income The total assets at December 31, 2021 were