1.What amount of total assets does the company report on its balance sheet? 2.What amount of total liabilities does the company report on its balance sheet?
3.Using the accounting equation, determine the company’s stockholders’ equity. Compare this amount to the amount of stockholders’ equity reported on the company’s balance sheet.
4.many years of information are reported on the company’s income statement?
5.How many years of information are reported on the company’s balance sheet?
6.What is the difference between the information reported on the income statement and the information reported on the balance sheet?
Accounting equation assets= liabites + owners equity