The following financial statement information is from five separate companies....

The following financial statement information is from five separate companies.

Required

1. Answer the following questions about Company V:

a. What is the amount of equity on December 31, 2008?

b. What is the amount of equity on December 31, 2009?

c. What is the net income or loss for the year 2009?

2. Answer the following questions about Company W:

a. What is the amount of equity on December 31, 2008?

b. What is the amount of equity on December 31, 2009?

c. What is the amount of liabilities on December 31, 2009?

3. Calculate the amount of owner investments for Company X during 2009.

4. Calculate the amount of assets for Company Y on December 31, 2009.

5. Calculate the amount of liabilities for Company Z on December 31, 2008.