Your friend, Martinez, and you are thinking about investing in a
company and are discussing the company’s balance
sheet. You are both very knowledgeable about the
different formats of the balance sheet. You are convinced that the
best format is the Unclassified Balance Sheet, but Martinez
strongly believes that it is the Classified Balance Sheet.
Given what you have read and our discussions in class of Chapter
5 and your prior accounting classes knowledge, give a well-reasoned
and detailed argument of...