Chapter 1, Problem 1.3APFA

1.

To determine

The amount of total assets, total liabilities and total stockholders’ equity in the balance sheet of the most recent years of Incorporation B.

2.

To determine

To identify: another name of income statement used by Incorporation B.

3.

To determine

The amount of net sales and net incomes of recent years of Incorporation B.

4.

To determine

To state: The largest inflows and outflows under investing activities and financing activities for the most recent year.

5.

To determine

To identify: The company’s auditor.