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Balance sheet ending December 31 for years 2017 and 2018 Assets: Cash Short Term Investments Accounts Receivable Inventories Net Plant and Equipment Liabilities: Notes



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Balance sheet ending December 31 for years 2017 and 2018 Assets: Cash Short Term Investments Accounts Receivable Inventories Net Plant and Equipment Liabilities: Notes Payable Accounts Payable Miscellaneous Payables Long-Term Debt Question 2: 2017 2018 2017 $275 55 375 825 2,925 $192 580 245 550 2018 $250 50 250 750 2,750 $100 100 250 500 Your company's policy is to build a better financial position for all employees and have decided to invest $18,000 for each employee in an account earning 13% annually. How much money will you have in 10 years? How much money will you have in 18 years? How much money will you have in 22 years?

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