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1. Prepare the Balance Sheet The last quarter of 2020 Couche-Tard financial state includes the following: Title Amount (in 1000 USD) Cash 2,411,450 Cash
1. Prepare the Balance Sheet The last quarter of 2020 Couche-Tard financial state includes the following: Title Amount (in 1000 USD) Cash 2,411,450 Cash Equivalents Short Term Investment Account Receivable Account Payable Current Debt 1,230,050 38,600 518,100 1,507,600 214,700 Common Stock 694,800 Inventory 1,237,400 Property, Plant and Equipment 17,633,900 Equity and other investments Goodwill 237,900 5,505,800 Retained Earnings 10,611,300 Tax Payable Long Term Debt 222,000 15,087,000 Prepare the Balance Sheet by using the information in the table above. 2. Adjustment of the Balance Sheet Apply the following changes to prepare the new Balance Sheet: If Couche-Tard collected $110,000,000 from its own debtors on an existing account receivable. If they purchased $300,000,000 of equipment, agreeing to pay for it later. If they did some work for clients in exchange for the client's promise to pay $750,000. Imagine that Couche-Tard paid $345,000 for expenses.
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