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As owner of Telo, a startup business, you are struggling to generate enough gross profit to compete with Creft and Wozz. Also, your business frequently
As owner of Telo, a startup business, you are struggling to generate enough gross profit to compete with Creft and Wozz. Also, your business frequently runs low on cash. To help determine how to fix these issues, you review the following Tableau Dashboard. Sales and Costs for Competing Companies Telo Creft Wozz $100,000 $80,000 $60,000 $40,000 $20,000 $0 Sales HA Credit Terms (Days) Telo's Assets Amounts at December 31 Supplies Accounts receivable Telo Land Creft Wozz Inventory Cash Buildings, net O 0 Telo's Liabilities & Equity Amounts at December 31 Wages payable 0 10 20 30 40 50 60 70 Customer Return Policies Across Competitors A. Telo, Capital Creft Telo Notes payable Accounts payable Wozz Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare Telo's classified balance sheet as of December 31. TELO Balance Sheet December 31 Assets Current assets S 0 Total current assets Plant assets Total plant assets Total assets 0 0 S Liabilities Current liabilities S 0 Total current liabilities Long-term liabilities Total liabilities Equity Total liabilities and equity S 0 Required 1 Required 2 >
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