Problem
Using the SEC 10-K balance sheet for your company, answer the questions below:
i. What were the total current assets?
ii. What were the total current liabilities?
iii. What were total assets and total stockholders' equity (deficit)?
iv. Calculate working capital (current assets - current liabilities = working capital) and describe how it changed from last year.
v. Does the company have treasury stock increase or decrease in value? Remember that the normal balance for treasury stock is a negative value (debit balance).
vi. What are the values for other comprehensive net income (or net loss), accumulated deficit, and retained earnings? How are these values changing?