Determine the amounts your firm reports for total assets

Reference no: EM132885996

Question 1. Determine the amounts your firm reports for total assets, total liabilities, and total stockholders' equity in the balance sheet for the most recent year. Verify that the basic accounting equation balances.

Total Assets: 958,483

Total Liabilities: 1,696,067

Stockholders Equity (737,584)

Question 2. Does your company refer to the income statement using another name? If so, what is it?

CONSOLIDATED STATEMENTS OF EARNINGS

Question 3. Determine the amounts that your firm reports for net sales and net income in its income statement for the most recent year.

Net sales/ revenue 950,107

Net income/ net earnings 94,4347

Question 4. Who is the company's auditor? What does the report indicate about the amounts reported in the company's financial statements? (See the Report of Independent Registered Public Accounting Firm.) F-1

Attachment:- Total asset.zip

Reference no: EM132885996

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