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Question 2 Complete the balance of New Hampshire Services. Mention all the equations used in calculating missing values. (No marks if equations and calculations are

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Question 2 Complete the balance of New Hampshire Services. Mention all the equations used in calculating missing values. (No marks if equations and calculations are not shown) NEW HAMPSHIRESERVICES COMPANY: BALANCE SHEETS FOR YEAR ENDING DECEMBER 31 (MILLIONS OF DOLLARS) 2005 2004 Assets: Cash and marketable securities $36.0 $ 30.0 Accounts receivable 450.0 Inventories 540.0 ? Total current assets $1,116.0 $1,080.0 Net plant and equipment $? $? Total assets $2.016.0 $ 270.0 Liabilities and equity: Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total debt Common stock (50 million shares @ $3 per share) Retained earnings Total common equity Total liabilities and equity $ 324.0 201.0 216.0 $ ? 450.0 ? ? 675.0 $? 180.0 $ 605.0 450.0 ? ? 625.0 $ ? $1.830.0

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