Question 9 Balance Sheet Assets Current Assets Cash Accounts receivable Inventories Total current assets Long-Term Assets Net property, plant, and equipment 121 Total long-term assets 121 Total Assets 48 25 16 89 210 Liabilities Current Liabilities Accounts payable Notes payable/short-term debt Total current liabilities Long-Term Liabilities Long-term debt 35 5 Total long-term liabilities Total Liabilities 40 137 137 177 Stockholders' Equity 33 Total Liabilities and Stockholders' Equity 210 1 pts The above diagram shows a balance sheet for a certain company. All quantities shown are in millions of dollars. How would the balance sheet change if the company's long-term assets were judged to depreciate at an extra $5 million per year? Net property, plant, and equipment would rise to $126 million, and total assets and stockholders' equity would be adjusted accordingly. Net property, plant, and equipment would fall to $116 million, and total assets and stockholders' equity would be adjusted accordingly. O Long-term liabilities would rise to $131 million, and total liabilities and stockholders' equity would be adjusted accordingly. O Long-term liabilities would fall to $111 million, and total liabilities and stockholders' equity would be adjusted accordingly.

The above diagram shows a balance sheet for a certain company. All quantities shown are in millons of dollars. How would the balance sheet change if the company/s long-term assets were judged to dyorecihte at an estra 55 milligninarabar? Net property. plant and equament wodld fall to $116 milion and total assets and stockholders cquity would be adjusted sceord ngly. Long-tem lisbities would rise to 5131 millon. and total Bablittas and stockholders equity would be adjusted accordingly