Balance sheet relations Selected data based on the balance sheet amounts for Metso Corporation, a Finnish paper

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Balance sheet relations Selected data based on the balance sheet amounts for Metso Corporation, a Finnish paper company for four recent years appear in the following table. Metso applies IFRS and reports its results in millions of euros (€). Compute the missing balance sheet amounts for each of the fouryears.

2007 2006 2005 2004 Current Assets €3,357 €2,995 €2,097 Noncurrent Assets . 1,973 Total Liabilities.. Total Assets
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Financial Accounting an introduction to concepts, methods and uses

ISBN: 978-0324789003

13th Edition

Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis

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