Question

The consolidated 2011 and 2010 balance sheets for Corcoran Inc. and Subsidiaries follow.

Required:
1. Calculate the percentage that Corcoran’s total assets increased by during 2011 (in percent- age terms, rounded to one decimal place). You do not need to include the actual dollar amounts shown above.
2. Determine whether any of the asset categories experienced larger increases than others.
3. Indicate where Corcoran acquired the capital to finance its asset growth.
4. Indicate whether any of the individual liability or equity items increased at a rate different from the rate at which total liabilities and equity increased.


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  • CreatedSeptember 22, 2015
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