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:
$52,650
$50,874
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
28,455.5
22,934
Long-term debt
4921
9255
Other long-term liabilities
4931
5024
Total liabilities
9,852
14,279
Shareholder’s equity




Common stock
.8
.8
Other retained earnings
13767
13108
Other comprehensive income
468
543
Total shareholders’ equity
14,235.8
13,652.8
Noncontrolling interests
6.7
9.2
Total Equity


h
TOTAL LIABILITIES AND EQUITY

Answer 1

Based on the provided data for the assets, liabilities, and equity, we can organize this information to present a clearer summary of the financial situation as of December 31, 2015, and December 31, 2016.

### Balance Sheet Summary

#### Current Assets
| Item | December 31, 2015 | December 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
| Item | December 31, 2015 | December 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
| Item | December 31, 2015 | December 31, 2016 |
|-------------------------------------|---------------------|--------------------|
| Long-term debt | $4,921 | $9,255 |
| Other long-term liabilities | $4,931 | $5,024 |
| **Total Liabilities** | **$9,852** | **$14,279** |

#### Shareholder's Equity
| Item | December 31, 2015 | December 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** |
| Noncontrolling interests | $6.7 | $9.2 |
| **Total Equity** | **$14,242.5** | **$13,662** |

### Analysis
- **Total Current Assets** decreased from $52,650 in 2015 to $50,874 in 2016, indicating a slight reduction in liquid assets.
- **Total Current Liabilities** also decreased, reflecting better management of obligations in the short term.
- However, **Long-term Debt** increased significantly, suggesting a reliance on borrowing or an increased long-term commitment.
- Overall **Total Liabilities** increased, raising concerns about the company's financial health.
- **Shareholders' Equity** decreased, primarily due to a reduction in retained earnings, which could reflect lower profitability or dividend distributions.

### Total Liabilities and Equity
- **Total Liabilities and Equity** must balance and, when calculated, become a critical aspect of assessing the company's financial sustainability.

### Conclusion
The provided figures indicate changes in the company's financial structure over the two years. A thorough evaluation of trends and performance metrics would be beneficial for deeper insights into financial operations and decision-making.