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Massa Company, which has been operating for three yeers, provides marketing consulting services worldwide for dat-com companies. You ore a financial analyst assigned to report

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Massa Company, which has been operating for three yeers, provides marketing consulting services worldwide for dat-com companies. You ore a financial analyst assigned to report on the Masse management team's effectiveness at managing its assets efficiently At the start of 2016 (ts fourth yeor. Massa's T account belances were as follows. Dolars are ih thousands. Assets ReceivableLong-Term Investmen Cash tsm 3,200 8,000 6,400 Liabilities Accounts Payable Unearned Revenue lLong-Term Notes Payable 2.400 5600 1600 Common Stock ($.10 par value) Additional Paid-in Capital Retained Earnings 800 4,000 3.200 Consulting Fee Revenue Interest Revenue Utilities Expense Travel Expense Wages Expense Rent Expense 888 pa Massa Company, which has been operating for three yeers, provides marketing consulting services worldwide for dat-com companies. You ore a financial analyst assigned to report on the Masse management team's effectiveness at managing its assets efficiently At the start of 2016 (ts fourth yeor. Massa's T account belances were as follows. Dolars are ih thousands. Assets ReceivableLong-Term Investmen Cash tsm 3,200 8,000 6,400 Liabilities Accounts Payable Unearned Revenue lLong-Term Notes Payable 2.400 5600 1600 Common Stock ($.10 par value) Additional Paid-in Capital Retained Earnings 800 4,000 3.200 Consulting Fee Revenue Interest Revenue Utilities Expense Travel Expense Wages Expense Rent Expense 888 pa

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