Following this balance sheet of chevron's company, provide me with a horizontal analysis comparative balance sheets. Annual Data | Millions of US $ except per share dataCash On HandReceivablesInventoryPre-Paid ExpensesOther Current AssetsTotal Current AssetsProperty, Plant, And EquipmentLong-Term InvestmentsGoodwill And Intangible AssetsOther Long-Term AssetsTotal Long-Term AssetsTotal AssetsTotal Current LiabilitiesLong Term DebtOther Non-Current LiabilitiesTotal Long Term LiabilitiesTotal LiabilitiesCommon Stock NetRetained Earnings (Accumulated Deficit)Comprehensive IncomeOther Share Holders EquityShare Holder EquityTotal Liabilities And Share Holders EquityLablL.blL.blLablLablامامااماماL.blاعلمlulL.blLablL.blEEEEEEE2022-12-31$17,901$20,456$8,247$3,739$50,343$143,591$45,238$4,722$436$207,366$257,709$34,208$21,375$63,259$97,467$1,832$190,024$-2,798$160,242$257,7092021-12-31$5,675$18,419$6,795$2,849$33,738$146,961$40,696$4,385$768$205,797$239,535$26,791$31,113$72,804$99,595$1,832$165,546$-3,889$139,940$239,535

Balance sheet is one of the financial statement being prepared in business. It shows all assets,…

Answered: Following this balance sheet of…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Following this balance sheet of chevron's company, provide me with a horizontal analysis comparative balance sheets.

Annual Data | Millions of US $ except per share data
Cash On Hand
Receivables
Inventory
Pre-Paid Expenses
Other Current Assets
Total Current Assets
Property, Plant, And Equipment
Long-Term Investments
Goodwill And Intangible Assets
Other Long-Term Assets
Total Long-Term Assets
Total Assets
Total Current Liabilities
Long Term Debt
Other Non-Current Liabilities
Total Long Term Liabilities
Total Liabilities
Common Stock Net
Retained Earnings (Accumulated Deficit)
Comprehensive Income
Other Share Holders Equity
Share Holder Equity
Total Liabilities And Share Holders Equity
Labl
L.bl
L.bl
Labl
Labl
اماما
اماما
L.bl
اعلم
lul
L.bl
Labl
L.bl
EEEEE
EE
2022-12-31
$17,901
$20,456
$8,247
$3,739
$50,343
$143,591
$45,238
$4,722
$436
$207,366
$257,709
$34,208
$21,375
$63,259
$97,467
$1,832
$190,024
$-2,798
$160,242
$257,709
2021-12-31
$5,675
$18,419
$6,795
$2,849
$33,738
$146,961
$40,696
$4,385
$768
$205,797
$239,535
$26,791
$31,113
$72,804
$99,595
$1,832
$165,546
$-3,889
$139,940
$239,535

Definition Definition Financial statement that provides a snapshot of an organization's financial position at a specific point in time. It summarizes a company's assets, liabilities, and shareholder's equity, detailing what the company owns, what it owes, and what is left over for its owners. The balance sheet serves as a crucial tool to assess the financial health and stability of a company, as well as to help management make informed decisions about its future investments and financial obligations.

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