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  3. Analyzing Financial Statements in Python

Exercise

Practice using the main equation of accounting

In this exercise, you'll compute a company's total liabilities using the main accounting equation you've mastered. To do this, you will first have to compute total assets.

accounts_receivable, inventory, long_term_investments and property_plant_equipment are already loaded for you.

You will identify which items of the balance sheet provided are current or non-current assets, compute total assets, and then use the main accounting equation to compute total liabilities.

Instructions

100 XP
  • Add up total current assets.
  • Add up total non-current assets.
  • Compute total assets.
  • Compute total liabilities.