ko the second year, some parts are still incomplete. Use the information given to complete the balance sheet. Georia Industries Inc. Balance Sheet for the Year Ending on December 31 (Millions of dollars) Year 2 Year 1 Year 2 Assets Current assets: Cash and equivalents Accounts receivable Inventories Total current assets Net fixed assets: Net plant and equipment Total assets 3,690 1,350 3,960 9,000 11,000 20,000 2,952 1,080 3,168 7,200 8,800 16,000 Liabilities and equity Current liabilities: Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total debt Common equity: Common stock Retained earnings Total common equity Total liabilities and equity 0 188 1,062 The market value of a company's stock is always more than its book value. 1,250 3,750 5,000 9,750 5,250 15,000 20,000 Year 1 0 0 1,000 1,000 3,000 4,000 The balance sheet provides a snapshot of the financial condition of a company. Investors and analysts use the information given on the balance sheet and other financial statements to make several interpretations about the company. 7,800 4,200 12,000 16,000 According to the information given in the preceding balance sheet and considering that the company has 50 million outstanding shares, which of the following interpretations are true for Georia Industries Inc.? Check all that apply. decrease Current assets are considered liquid assets and can be converted into cash in less than one year. Georia Industries Inc.'s net operating working capital in the first year was $7,200 million. The asset side and liabilities side of a balance sheet list accounts in the order of their liquidity. The book value per share of Georia Industries Inc.'s stock in the second year was $300.00. If Georia Industries Inc. ever goes bankrupt, its common shareholders will be paid off first and then its debtholders and preferred shareholders. Based on your understanding of the different items reported on the balance sheet and the information they provide, if everything else remains the same, then the cash and equivalents item on the current balance sheet is likely to if the firm increases the dividends paid on its common stock. Grade It Now Save & Continue Continue without saying

The balance sheet provides a snapshot of the financial condition of a company. Investors and analysts use the information given on the balance sheet and other financial statements to make several interpretations about the company. Accurding to the information given in the preceding balance sheet and consldering that the company has 50 million outstanding shares, which of the following interpretations are true for Georia Industries Inc? Check all that apply. Current assets are considered liquid assets and can be corverted into cash in less than one year. Georia Induntries Inc: s net operating working capital in the first year was $7,200milion. The asset side and liabilities side of a balance sheet list accounts in the order of their liquidity. The book value per share of Ceoria Industries fne's stock in the second year was $300,00. If Georia Industries Inc. ever goes bankrupt, its common shareholders wil be paid off first and then its debtholders and preferred shareholders. The market value of a company's stock is always more than its book value. Based on your understanding of the different items reported on the balance sheet and the information they provide, if everything else remains the same, then the cash and equivalents item on the current balance sheet is likely to. if the firm increases the dividends poid on its common stock