Question: Question 2 The following data represent balance sheets for a British Company (XYZ) and its USA competitor (Y2K): XYZ Company (UK) Y2K Company (USA) Group

Question 2 The following data represent balance sheets for a British Company (XYZ) and its USA competitor (Y2K): XYZ Company (UK) Y2K Company (USA) Group Balance Sheet Consolidated Balance Sheet at December 31, 2018 at December 31, 2018 (m) (S ) Fixed Assets: Tangible Assets Current Assets: Stock Debtors Cash Total current assets Current Assets: Cash A/R Inventory 13 Long term assets: Property plant & equipment 30 Creditors due within one year: Patents Short term borrowing 16 Other creditors 91 Total assets Liabilities & Shareholder's Equity: Current liabilities: Net Current Assets Creditors due after one years Loans Net Assets Others Long term liabilities: Bonds Payable Bank Loans Shareholder's Equity: Common Stock Paid in capital Retained eamings 25 aan oo Capital and Reserves: Called-up Capital Share premium Profit & loss account Shareholders' fund Required: Compare the above balance sheets. List Six main differences between them rds: 71 English (U.S.) be here to search

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