The following information is from a new business. Comment on the year-to-year changes in the accounts and possible sources and uses funds (how were the funds obtained and used). Owner's Equity Assets Liabilities End of Year 1 $137,000 $62,000 $75,000 End of Year 2 148,000 57,000 91,000 End of Year 3 168,000 80,000 88,000 PB 4. LO 2.1 Each of the following situations relates to a different company. Company A Company B Company C Company D $1,054,116 ? $1,480,500 $103,950 $455,490 Revenues Expenses Gains Losses 1,518,300 78,120 ? 0 ? 4,725 8,505 32,760 0 5,670 39,312 5 Net Income or (Loss) 32,130 39,690 ? (58,275)
A. For each of these independent situations, find the missing amounts.
B. How would stakeholders view the financial performance of each company? Explain. 1234
