See Table 2.5 showing financial statement data and stock price data for Mydeco Corp. Use the data
Question:
See Table 2.5 showing financial statement data and stock price data for Mydeco Corp. Use the data from the balance sheet and cash flow statement in 2015 to determine the following:
a. How much cash did Mydeco have at the end of 2014?
b. What were Mydeco’s accounts receivable and inventory at the end of 2014?
c. What were Mydeco’s total liabilities at the end of 2014?
d. Assuming goodwill and intangibles were equal in 2014 and 2015, what was Mydeco’s net property, plant, and equipment at the end of 2014?
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