number 7

P3-12 (similar to) Question Help (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 networking 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? Y 6,480 44,920 16,570 1,370 650 870 Inventory Common stock Cash Operating expenses Short-term notes payable Interest expense Depreciation expense Sales Accounts receiyable Accounts payable Long-term debt Cost of goods sold Buildings and equipment Accumulated depreciation Taxes General and administrative expense Retained earnings 470 12,770 9,650 4,780 54,980 5,780 121,620 34,390 1,400 820