Use the Current Asset Section of the Balance Sheets of the El

question 12

Essay

Use the current asset section of the balance sheets of the El Paso Company as of January 31,2012 and 2011 presented below to answer the questions that follow.
Required:
(a)In the spaces provided below,complete a Percentage Change analysis of the current asset section of El Paso Company's balance sheet for 2012,using the following format to provide your answers for the amount of dollar change and the amount of percentage change,rounding "% Change" to one decimal place,e.g.,8.3%.
Accounts $ Change % Change
(b)Provide a short evaluation of this analysis.

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Definitions:

Reference Types

Types that represent references to objects or instances, as opposed to primitive data types.

Copy Constructor

In object-oriented programming, a constructor method that sets up a new instance by utilizing another instance from the same class.

Memory Location

An address identifying a specific location in computer memory where data is stored.

Copy Constructor

In object-oriented programming, a constructor that sets up a new object by copying values from another object of the identical class.