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Balance Sheet Liquid assets $5,300 Tangible assets $35,800 Investment assets $21,600 Short-term liabilities $3,800 Long-term liabilities $30,600 Income Statement Gross income $65,800 Taxes paid $7,900
| Balance Sheet | |
| Liquid assets | $5,300 |
| Tangible assets | $35,800 |
| Investment assets | $21,600 |
| Short-term liabilities | $3,800 |
| Long-term liabilities | $30,600 |
| Income Statement | |
| Gross income | $65,800 |
| Taxes paid | $7,900 |
| Debt repayment | $15,100 |
| Rent payment | $900 |
| All other expenses | $1,800 |
| Total expenses | $25,700 |
| Calculate their net worth. | |
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Earnings Quality
Authors: Andrew P.C.
1st Edition
1521507724, 978-1521507728
