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A scrambled list account from the income statement and balance sheet of Belmond, Inc. is found here How much is the firms net working capital?
A scrambled list account from the income statement and balance sheet of Belmond, Inc. is found here
How much is the firms net working capital?
Complete an income statement and balance sheet for Belmond.
If you were asked to respond to part (a) and (b) as part of a training exercise, what could you tell your boss about the companys financial condition based on your answers?
How much is the firms net working capital?
The firms net working capital is_______________________
Inventory | $6,490 |
Common stock | 44,930 |
Cash | 16,530 |
Operating expenses | 1,300 |
Short-term notes payable | 590 |
Interest expense | 890 |
Depreciation expense | 540 |
Sales | 12,760 |
Accounts receivable | 9,590 |
Accounts payable | 4,780 |
Long-term debt | 55,070 |
Cost of goods sold | 5,770 |
Buildings and equipment | 122,340 |
Accumulated depreciation | 34,050 |
Taxes | 1,500 |
General and administrative expense | 860 |
Retained earnings | ? |
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