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please answer all parts completely and correctly thanks! uestion Accounting for Financial Management Due Thursday 09.21.17 at 09:00 PM Keep the Highest: 1 11 2.
please answer all parts completely and correctly thanks!
uestion Accounting for Financial Management Due Thursday 09.21.17 at 09:00 PM Keep the Highest: 1 11 2. Balance sheet The balance sheet provides a snapshot of the financial condition of a company. Investors and analysts use the information given orn the balance sheet and other financial statements to make several interpretations regarding the company's financial condition and Blue Hamster Manufacturing Inc. is a hypothetical company. Suppose it has the following balance sheet items reported at the end of its first year of operation. For the second year, some parts are still incomplete. Use the information given to complete the balance sheet. Blue Hamster Manufacturing Inc. Balance Sheet for Year Ending December 31 (Millions of Dollars) Year 2 Year i Year 2 Year 1 Assets Current assets: Liabilities and equity Current liabilities: $0 70 399 $1,107 Accounts payable $0 Cash and equivalents Accounts receivable 506 405 Accruals ,485 1,188 Notes payable 375 Total current assets $3,375 $2,700 Total current liablities $375 Net fixed assets: Long-term debt Total debt Common equity: plant and equipment $3,300 $1,875 $1,500 Common stock 3,656 2,925 Retained earnings Total common equity Total liabilities and equity $5,625 $7,500 $4,500 $6,000 Total assets $7,500 $6,000 Given the information in the preceding balance sheet-and assuming that Blue Hamster Manufacturing Inc, has 50 million shares of
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