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100 375 60 BALANCE SHEET Assets: Liabilities & Equity: Cash 25 N/P A/R 375 A/P 188 Inv ACC C/A 775 CLTD 20 NFA CL 313

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100 375 60 BALANCE SHEET Assets: Liabilities & Equity: Cash 25 N/P A/R 375 A/P 188 Inv ACC C/A 775 CLTD 20 NFA CL 313 Total Assets 835 LTD 222 N/W 300 TL+N/W 835 (Show all of your work - you may do this in Excel if you like) Does the Company collect?(Compute Days A/R Ch 10 page 3, compare with terms listed above) Does the Company pay? (Compute Days A/P Ch 10 page 3, compare with terms listed above) Does it control inventory? (Compute Days Inventory Ch 10 page 3, compare with terms listed above) 100 375 60 BALANCE SHEET Assets: Liabilities & Equity: Cash 25 N/P A/R 375 A/P 188 Inv ACC C/A 775 CLTD 20 NFA CL 313 Total Assets 835 LTD 222 N/W 300 TL+N/W 835 (Show all of your work - you may do this in Excel if you like) Does the Company collect?(Compute Days A/R Ch 10 page 3, compare with terms listed above) Does the Company pay? (Compute Days A/P Ch 10 page 3, compare with terms listed above) Does it control inventory? (Compute Days Inventory Ch 10 page 3, compare with terms listed above)

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