Question: please provide me ans as soon as possible Section 2 Structural short questions (Total 70 points) The following questions concern Beta Inc., a hypothetical company

 please provide me ans as soon as possible Section 2 Structural

please provide me ans as soon as possible

Section 2 Structural short questions (Total 70 points) The following questions concern Beta Inc., a hypothetical company in the heavy truck industry. Read the questions carefully and answer the questions in the spaces provided. Question 1 (Total 10 points) 2011 Balance Sheet (in Millions, except for Per-Share Data) Year Ended 31 December 2012 Assets Current assets Cash and equivalents 282.0 Marketable securities 70.0 Accounts receivable 770.0 Inventory 846.0 Total current assets 1,968.0 Gross fixed assets 4,275.0 Accumulated depreciation -1.176.0 Net fixed assets 3,099.0 Total assets 5,067.0 Liabilities and shareholders' equity Current liabilities Accounts payable 476.0 Wages payable 149.0 Accrued expenses 425.0 Total current liabilities 1,050.0 Long-term debt 1,600.0 Common stock 525.0 Retained earnings 1,892.0 Total shareholders' equity 2,417.0 Total liabilities and shareholders' equity 5,067.0 350.0 64.0 711.0 780.0 1,905.0 3,752.0 -906.0 2,846.0 4,751.0 443.0 114.0 410.0 967.0 1,450.0 525.0 1,809.0 2,334.0 4,751.0 The above are Beta Inc.'s balance sheets in 2011 and 2012. Reorganize the balance sheets. Write down the intermediate steps that lead to your answer in the spaces provided. a) (4 points) Operating assets and operating liabilities in 2011 and 2012

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