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please answer this question VERY ASAP :) PARTC Given the following data: 2018 $ 2019 300,000 ? $ 340,000 ? 7,000 5,000 30,000 Cash Retained
please answer this question VERY ASAP :)
PARTC Given the following data: 2018 $ 2019 300,000 ? $ 340,000 ? 7,000 5,000 30,000 Cash Retained earnings Account payable Wages payable Bond payable Mortgage payable Invest capital Account receivable Inventories Fixed assets, net 10,000 40,000 60,000 500,000 37,500 55,000 100,000 300,000 600,000 118,000 87,000 165,000 320,000 Required a. Rearrange these data into classified balance sheets. b. Find the missing Retained Earnings amounts necessary to balance each balance sheet. C. Evaluate the firm's liquidity, using the ratios described in this chapter. d. Calculate the firm's asset management and debt management ratios. Evaluate the results. TOTAL SCORE: 100 Stud No Name ContributionStep by Step Solution
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