Question
Fill out the following balance sheet and conduct a ratio analysis. Discuss your reasons for granting or denying an additional loan. Assets Liabilities Current Assets
| Fill out the following balance sheet and conduct a ratio analysis. Discuss your reasons for granting or denying an additional loan. |
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| Assets |
| Liabilities | ||
| Current Assets | $40,000 |
| Current Liabilities | $60,000 |
| Non-current Assets |
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| Non-current Liabilities | $50,000 |
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| Total Liabilities |
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| Owner Equity |
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| Total Assets |
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| Liabilities plus Equity | $280,000 |
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Cornerstones Of Financial Accounting
Authors: Jay Rich, Jeff Jones, Maryanne Mowen, Don Hansen
2nd Edition
0538473452, 9780538473453
