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CFA Level 1
Financial Reporting and Analysis

Calculating Total Assets from Balance Sheet Components

Easy Financial Statements Balance Sheet

Imagine a company, XYZ Ltd., that has the following components on its Balance Sheet:

  • Cash: $100,000
  • Accounts Receivable: $50,000
  • Inventory: $200,000
  • Accounts Payable: $30,000
  • Long-term Debt: $70,000
  • Equity: $250,000

Given this information, what is the total amount of Assets reported on XYZ Ltd.'s Balance Sheet?

Hint

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% Correct87%