Locate the Balance Sheet (it may have a different heading, such as the Statement of Financial Position). 1. What are the names of the assets and their values? 2. (if more than five line items, report only the first five line items and dollar values) provide your interpretations of what you analyze. Cash and Cash Equivalents - $2,547 million Receivables, net - $2,505 million Contract assets- $12,318 million Inventories - $3,088 million Other current assets - $533 million Analyzing the balance sheet (first five line items) for Lockheed Martin, a substantial percentage of their assets are in contracts.

Answer rating: 100% (QA)

Cash and Cash Equivalents 2547 million This line item represents the amount of cash and assets that ... View the full answer