Question
Assets
December 31, 2015
December 31, 2016
Current Assets:
Cash and cash equivalents
21352
22489
Short-term investments
9562
8749
Net accounts receivable
8569
2753
Inventory
6432
10022
Prepaid expenses and other current assets
2135
2249
Deferred income taxes
4500
4612
Total current assets:
Liabilities and Equity
Current Liabilities:
Accounts payable
9314
2580
Accrued company costs
8236
8394
Accrued taxes
2235
2087
Other accrued liabilities
312
346
Deferred revenue
8358.5
9527
Total current liabilities
Long-term debt
4921
9255
Other long-term liabilities
4931
5024
Total liabilities
Shareholder’s equity
Common stock
.8
.8
Other retained earnings
13767
13108
Other comprehensive income
468
543
Total shareholders’ equity
Noncontrolling interests
6.7
9.2
Total Equity
December 31, 2015
December 31, 2016
Current Assets:
Cash and cash equivalents
21352
22489
Short-term investments
9562
8749
Net accounts receivable
8569
2753
Inventory
6432
10022
Prepaid expenses and other current assets
2135
2249
Deferred income taxes
4500
4612
Total current assets:
Liabilities and Equity
Current Liabilities:
Accounts payable
9314
2580
Accrued company costs
8236
8394
Accrued taxes
2235
2087
Other accrued liabilities
312
346
Deferred revenue
8358.5
9527
Total current liabilities
Long-term debt
4921
9255
Other long-term liabilities
4931
5024
Total liabilities
Shareholder’s equity
Common stock
.8
.8
Other retained earnings
13767
13108
Other comprehensive income
468
543
Total shareholders’ equity
Noncontrolling interests
6.7
9.2
Total Equity
Answers
GPT-4o mini
To analyze and summarize the balance sheet as of December 31, 2015, and December 31, 2016, we will calculate the total current assets, total liabilities, and total equity for both years.
### Current Assets
| **Current Assets** | **Dec 31, 2015** | **Dec 31, 2016** |
|--------------------------------------|------------------|------------------|
| Cash and cash equivalents | 21,352 | 22,489 |
| Short-term investments | 9,562 | 8,749 |
| Net accounts receivable | 8,569 | 2,753 |
| Inventory | 6,432 | 10,022 |
| Prepaid expenses and other current assets | 2,135 | 2,249 |
| Deferred income taxes | 4,500 | 4,612 |
| **Total Current Assets:** | **52,650** | **50,874** |
### Current Liabilities
| **Current Liabilities** | **Dec 31, 2015** | **Dec 31, 2016** |
|--------------------------------------|------------------|------------------|
| Accounts payable | 9,314 | 2,580 |
| Accrued company costs | 8,236 | 8,394 |
| Accrued taxes | 2,235 | 2,087 |
| Other accrued liabilities | 312 | 346 |
| Deferred revenue | 8,358.5 | 9,527 |
| **Total Current Liabilities:** | **28,455.5** | **22,934** |
### Long-Term Liabilities
| **Long-Term Liabilities** | **Dec 31, 2015** | **Dec 31, 2016** |
|--------------------------------------|------------------|------------------|
| Long-term debt | 4,921 | 9,255 |
| Other long-term liabilities | 4,931 | 5,024 |
| **Total Long-Term Liabilities:** | **9,852** | **14,279** |
### Total Liabilities
| **Total Liabilities** | **Dec 31, 2015** | **Dec 31, 2016** |
|--------------------------------------|------------------|------------------|
| | 38,307.5 | 37,213 |
### Shareholders' Equity
| **Shareholders' Equity** | **Dec 31, 2015** | **Dec 31, 2016** |
|--------------------------------------|------------------|------------------|
| Common stock | 0.8 | 0.8 |
| Other retained earnings | 13,767 | 13,108 |
| Other comprehensive income | 468 | 543 |
| **Total Shareholders’ Equity:** | **14,235.8** | **13,652.8** |
### Summary
- **Total Current Assets:**
- 2015: $52,650
- 2016: $50,874
- **Total Current Liabilities:**
- 2015: $28,455.5
- 2016: $22,934
- **Total Long-Term Liabilities:**
- 2015: $9,852
- 2016: $14,279
- **Total Liabilities:**
- 2015: $38,307.5
- 2016: $37,213
- **Total Shareholders’ Equity:**
- 2015: $14,235.8
- 2016: $13,652.8
These summaries help analyze the financial health of the company over the period presented. In 2016, total assets have slightly decreased, while total liabilities have also decreased, resulting in a decline in shareholders' equity.
### Current Assets
| **Current Assets** | **Dec 31, 2015** | **Dec 31, 2016** |
|--------------------------------------|------------------|------------------|
| Cash and cash equivalents | 21,352 | 22,489 |
| Short-term investments | 9,562 | 8,749 |
| Net accounts receivable | 8,569 | 2,753 |
| Inventory | 6,432 | 10,022 |
| Prepaid expenses and other current assets | 2,135 | 2,249 |
| Deferred income taxes | 4,500 | 4,612 |
| **Total Current Assets:** | **52,650** | **50,874** |
### Current Liabilities
| **Current Liabilities** | **Dec 31, 2015** | **Dec 31, 2016** |
|--------------------------------------|------------------|------------------|
| Accounts payable | 9,314 | 2,580 |
| Accrued company costs | 8,236 | 8,394 |
| Accrued taxes | 2,235 | 2,087 |
| Other accrued liabilities | 312 | 346 |
| Deferred revenue | 8,358.5 | 9,527 |
| **Total Current Liabilities:** | **28,455.5** | **22,934** |
### Long-Term Liabilities
| **Long-Term Liabilities** | **Dec 31, 2015** | **Dec 31, 2016** |
|--------------------------------------|------------------|------------------|
| Long-term debt | 4,921 | 9,255 |
| Other long-term liabilities | 4,931 | 5,024 |
| **Total Long-Term Liabilities:** | **9,852** | **14,279** |
### Total Liabilities
| **Total Liabilities** | **Dec 31, 2015** | **Dec 31, 2016** |
|--------------------------------------|------------------|------------------|
| | 38,307.5 | 37,213 |
### Shareholders' Equity
| **Shareholders' Equity** | **Dec 31, 2015** | **Dec 31, 2016** |
|--------------------------------------|------------------|------------------|
| Common stock | 0.8 | 0.8 |
| Other retained earnings | 13,767 | 13,108 |
| Other comprehensive income | 468 | 543 |
| **Total Shareholders’ Equity:** | **14,235.8** | **13,652.8** |
### Summary
- **Total Current Assets:**
- 2015: $52,650
- 2016: $50,874
- **Total Current Liabilities:**
- 2015: $28,455.5
- 2016: $22,934
- **Total Long-Term Liabilities:**
- 2015: $9,852
- 2016: $14,279
- **Total Liabilities:**
- 2015: $38,307.5
- 2016: $37,213
- **Total Shareholders’ Equity:**
- 2015: $14,235.8
- 2016: $13,652.8
These summaries help analyze the financial health of the company over the period presented. In 2016, total assets have slightly decreased, while total liabilities have also decreased, resulting in a decline in shareholders' equity.