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A scrambled list of accounts from the income statement and balance sheet of Belmond, Inc. is found here: . Inventory 6,460 Common stock 44,950 Cash

A scrambled list of accounts from the income statement and balance sheet of Belmond, Inc. is found here:

.

Inventory

6,460

Common stock

44,950

Cash

16,580

Operating expenses

1,350

Short-term notes payable

630

Interest expense

850

Depreciation expense

450

Sales

12,710

Accounts receivable

9,560

Accounts payable

4,760

Long-term debt

55,420

Cost of goods sold

5,740

Buildings and equipment

122,330

Accumulated depreciation

33,580

Taxes

1,490

General and administrative expense

880

Retained earnings

?

a.How much is the firm's net working capital?

b.Complete an income statement and a balance sheet for Belmond.

c. If you were asked to respond to parts

(a)

and

(b)

as part of a training exercise, what could you tell your boss about the company's financial condition based on your answers?

a.How much is the firm's net working capital?

The firm's net working capital is

$ (Round to the nearest dollar.)

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