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Data Analysis Financial Statement Basics The Balance Sheet Balance Sheet Assessment

Posted by Henry Brenton
Henry Brenton
10,144 Points

Which line item has the lowest Book value in 2017 - I can't seem to arrive at the correct answer for this

Hello all,

I've been trying to tackle this question quite a few times now, and keep getting it wrong - I'm a bit confused as to now to arrive at the correct answer for this questions, how does one calculate the right outcome here?

Many Thanks

Henry

1 Answer

Steven Parker
Steven Parker
229,608 Points
Steven Parker
Steven Parker
229,608 Points

There's really nothing to calculate, it's just a lookup. I found the smallest amount among the 3 items in the liabilities.

I did, however, have a technical issue with this question. If you enter the item name with the capitalization shown, it does not get scored as correct. But it was accepted when entered in all lower case.

Henry Brenton
Henry Brenton
10,144 Points

Thanks Steven, I tried again with a previous answer, all lower case, and it worked lol,

Cheers!

Steven Parker
Steven Parker
229,608 Points
Steven Parker
Steven Parker
229,608 Points

Henry Brenton — Glad to help. You can mark a question solved by choosing a "best answer".
And happy coding!