Cash Scandi Home Furnishings, Inc. (Continued) SCANDI HOME FURNISHINGS, INC. BALANCE SHEETS 2014 2015 2015 50.000 40,000 10,000 Accounts roshable 200.000 200.000 360,000 hventaries 450.000 500.000 300.000 Total current assets 700.000 600,000 STO,000 Fored assets.net 300.000 400.000 Tatal assets $100 000 $1.200.000 $1.470.000 Accounts peyeble 130.000 $ 170,000 $ 190,000 Art's 50.000 .000 2000 Bank loan 90,000 90.000 Taial curent labilities 270.000 360,000 444,000 Long term debt 300.000 400.000 500,000 Common stock 350.000 Retained carings 120,000 +25,000 Total acties and county $1 000 000 S1 200.000 $1470.000 *350,000 shares of common ik wees.edu k Rasmussen and the venture investors when Scandi Home Furnishings was incorporated in mid 2013 first challenge is to stvise kaj on w has been happening with Scandi Hame Furnishings from a audity perspective A kaj was particularly concerned by the drop in cash from $50,000 in 2014 to $10.000 in 2016. Calculate the average outrent ratio, the duok ratio and the NWC-to-total-assets tatin for 2014-2015 and 2015 2016 What has hacerad to Scandi's licu city position Ka should be interested in knowing whether Scandi has been building of burning cash Compare the cast tuld. 3 bun, and the net cash tu c an positions for 2015 - 2016. What if any changes. Have occurred Cash Scandi Home Furnishings, Inc. (Continued) SCANDI HOME FURNISHINGS, INC. BALANCE SHEETS 2014 2015 2015 50.000 40,000 10,000 Accounts roshable 200.000 200.000 360,000 hventaries 450.000 500.000 300.000 Total current assets 700.000 600,000 STO,000 Fored assets.net 300.000 400.000 Tatal assets $100 000 $1.200.000 $1.470.000 Accounts peyeble 130.000 $ 170,000 $ 190,000 Art's 50.000 .000 2000 Bank loan 90,000 90.000 Taial curent labilities 270.000 360,000 444,000 Long term debt 300.000 400.000 500,000 Common stock 350.000 Retained carings 120,000 +25,000 Total acties and county $1 000 000 S1 200.000 $1470.000 *350,000 shares of common ik wees.edu k Rasmussen and the venture investors when Scandi Home Furnishings was incorporated in mid 2013 first challenge is to stvise kaj on w has been happening with Scandi Hame Furnishings from a audity perspective A kaj was particularly concerned by the drop in cash from $50,000 in 2014 to $10.000 in 2016. Calculate the average outrent ratio, the duok ratio and the NWC-to-total-assets tatin for 2014-2015 and 2015 2016 What has hacerad to Scandi's licu city position Ka should be interested in knowing whether Scandi has been building of burning cash Compare the cast tuld. 3 bun, and the net cash tu c an positions for 2015 - 2016. What if any changes. Have occurred
