Major Balance Sheet of 2019 and 2020

Week Five Balance Sheet
Student’s Name
Institutional Affiliation
Date
Week Five Balance Sheet
The financial statement demonstrates the financial position of a company such as Boeing. A fiscal year is a one-year accounting duration that corporate companies and governments bodies or businesses use for financial reporting and budgeting. Even though a fiscal year may start on January 1st and end on December 31st, some fiscal years may not match the calendar year. The fiscal year in Boeing Co. (NYSE: BA.) starts on January 1st and ends on December 31st.
Major balance sheet changes in the fiscal year of 2020 and 2019 (Figures in a million U.S dollars)

2019

2020

assets

In million U.S dollars
Total assets= 133,625
Current assets= 102229
Long term assets= 31,396

In million U.S dollars
Total assets=152,136
Current assets= 121,642 
Long term assets= 30,494

Liabilities

Total liabilities= 141,925
Current liabilities=97,312
Long term liabilities =44,613

Total liabilities=170,211 
Current liability= 87,280
Long term liabilities=82,931

Equity

8,617

18,316

Working Capital with an explanation of changes from the prior year
Working capital is calculated by subtracting...