From the course: Reading Corporate Financial Statements

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Solution: Working with the balance sheet

Solution: Working with the balance sheet

From the course: Reading Corporate Financial Statements

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Solution: Working with the balance sheet

(upbeat music) - You're back. I can't help but wonder what you learned about your chosen company by reading their balance sheet. Here's what I found when I continued looking at the Young brand's financial statements. Notice how the cash and cash equivalents balance more than doubled. I wish mine had. I also noticed that the total assets went from $4,130,000,000 to $5,231,000,000 from the end of 2018 to the end of 2019. There's something to that story because it seems other assets had the greatest percentage increase. I also noticed that total liabilities increased by over $1 billion during 2019, while stockholders' equity only increased slightly. That suggests that the increase in assets was primarily financed with debt. Interesting story here, right? I definitely want to know more.

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