This statement is

$,$ because:

The per$-$share book value is calculated by dividing the company's total assets by the number of outstanding shares of common stock

The per$-$share book value is calculated by dividing the company's total common equity by the number of outstanding shares of common

stock

The per$-$share book value is calculated by dividing the company's total debt by the number of outstanding shares of common stock

Based on your understanding of the different items reported in the balance sheet and the information they provide, which statement regarding Blue

Hamster Manufacturing Inc.$\text{'}$s balance sheet is consistent with U$.$S$.$ Generally Accepted Accounting Principles $($GAAP$)?$

The company's assets should be listed from those carrying the largest balance to those with the smallest balance.

The company's assets should be listed in alphabetical order.

The company's assets should be listed in the order in which they are to be converted into cash.

Statement #$1$: Green Caterpillar's pool of relatively liquid assets, which are available to support the company's current and future

sales, decreased from Year $1$ to Year $2.$

This statement is

$,$ because:

Green Caterpillar's total current liabilities balance increased from $$2,700$ million to $$3,375$ million between Year $1$ and Year $2$

Green Caterpillar's total current asset balance actually increased from $$18,000$ million to $$22,500$ million between Year $1$ and Year $2$

Green Caterpillar's total current liabilities balance decreased by $$4,500$ million between Year $1$ and Year $2$

Statement #$2$: On December $31$ of Year $2,$ Green Caterpillar Garden Supplies Inc. had $$9,225$ million of actual money that it could

have spent immediately.

This statement is

$,$ because:

The funds recorded in Green Caterpillar's accounts receivable account represents funds that are either cash or can be converted into cash

almost immediately

The funds recorded in Green Caterpillar's cash and equivalents account represents funds that are either cash or can be converted into

cash almost immediately

Green Caterpillar's Year $2$ cash and equivalents balance is $$23,220$

Statement #$1$: Green Caterpillar's pool of relatively liquid assets, which are available to support the company's current and future

sales, decreased from Year $1$ to Year $2.$

This statement is

$,$ because:

Green Caterpillar's total current liabilities balance increased from $$2,700$ million to $$3,375$ million between Year $1$ and Year $2$

Green Caterpillar's total current asset balance actually increased from $$18,000$ million to $$22,500$ million between Year $1$ and Year $2$

Green Caterpillar's total current liabilities balance decreased by $$4,500$ million between Year $1$ and Year $2$

Statement #$2$: On December $31$ of Year $2,$ Green Caterpillar Garden Supplies Inc. had $$9,225$ million of actual money that it could

have spent immediately.

This statement is

$,$ because:

The funds recorded in Green Caterpillar's accounts receivable account represents funds that are either cash or can be converted into cash

almost immediately

The funds recorded in Green Caterpillar's cash and equivalents account represents funds that are either cash or can be converted into

cash almost immediately

Green Caterpillar's Year $2$ cash and equivalents balance is $$23,220$