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Discuss the following: look up the data for seneca foods 2018 annual report using a search engine. There is no other way to access the
Discuss the following: look up the data for seneca foods 2018 annual report using a search engine. There is no other way to access the data, as any image that I upload is too large
- How is the company financed, more through borrowings or through shareholders?Answer this by calculating the percentage of total assets represented by liabilities and by equity. Show you calculations.Comment on the significance of financing through debt and through equity.
- Describe whether Seneca is a party to any leases.Then provide the amount of any lease liabilities reported on the balance sheet. Is this amount through operating or capital leases or both?What do the footnotes say about this?
- Describe whether Seneca has a defined benefit pension plan, a defined contribution retirement plan, or both.What amount is reported on the balance sheet for this?
- Use the footnotes to determine whether any pension plans are adequately funded or underfunded.Provide the relevant dollar amounts.
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