A company owns building worth £200,000, equipment worth £20,000 and Vehicle worth £30,000. At the start of the year it also has £6,000 in cash, bank balance £6,000 and stocks of materials worth £20,000.

It knows that this month it will need to pay a loan amount of £6,000 and payments to creditors £8,000. The expected income from sales this month is £17,000.

Complete the following table:

Fixed assets
Current assets
Liabilities
Receipts
Total assets
Overall wealth/ Networth

As a financial manager in this organisation you have been asked to comment on the figures.