Short-term financial planning is one activity that concerns everyone in business. The planning involves sales projections from marketing, cost numbers from accounting, and inventory requirements from operations.

Research the two most recent balance sheets for a company of your choice.

Respond to the following questions in the discussion forum:

1. For each account in the balance sheet, show the change during the most recent year and note whether this was a source or use of cash.
2. Do your numbers add up and make sense?
3. Explain your answer for total assets as compared to your answer for total liabilities and owners equity.