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help with A-C (Related to Checkpoint 3.2) (Review of financial statements) A scrambled list of accounts from the income statement and balance sheet of Belmond,
help with A-C
(Related to Checkpoint 3.2) (Review of financial statements) A scrambled list of accounts from the income statement and balance sheet of Belmond, Inc. is found here: a. How much is the firm's net working capital? b. Complete an income statement and a balance sheet for Belmond. c. If you were asked to respond to parts (a) and (b) as part of a training exercise, what could you tell your boss about the company's financial condition based on your answers? a. How much is the firm's net working capital? The firm's net working capital is $ (Round to the nearest dollar.) Data table (Click on the icon in order to copy its contents into a spreadsheet.) Inventory 6,550 Common stock 45,050 Cash 16,550 Operating expenses 1,380 Short-term notes payable 650 Interest expense 930 Depreciation expense 470 Sales 12,810 Accounts receivable 9,620 Accounts payable 4,850 Long-term debt 54,730 Cost of goods sold 5,770 Buildings and equipment 121,530 Accumulated depreciation 33,630 Taxes 1,440 General and administrative expense 900 Retained earningsStep by Step Solution
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