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Prepare and present the economic balance sheet for Ceres Gardening Company and calculate the capital employed by the company . i have posted the balance
Prepare and present the economic balance sheet for Ceres Gardening Company and calculate the capital employed by the company .
i have posted the balance sheet
2006E 1,955 14,471 3,847 20,273 4,347 645 Exhibit 2- Balance Sheet (in $ thousand, some numbers are rounded) At December 31 2002 2003 2004 2005 Assets Cash 705 1,542 1,818 2,158 Accounts Receivable 3,485 4,405 6,821 10,286 Inventories 3,089 2,795 3,201 3,291 Current Assets 7,279 8,742 11,839 15,735 Plant, Property, & Equipment (net) 2,257 2,680 2,958 3,617 Other Assets 645 645 645 645 Land 450 1,750 2,853 2,853 Non-Current Assets 3,352 5,075 6,456 7,115 Total Assets 10,631 13,817 18,295 22,850 Liabilities & Shareholders Equity Accounts Payable 2,034 2,973 4,899 6,660 Current Portion of Long-term Debt 315 352 525 730 Current Liabilities 2,349 3,325 5,423 7,390 Long-Term Debt 3,258 4,400 5,726 7,123 Shareholders Equity 5,024 6,091 7,146 8,336 Total Liabilities & Shareholders Equity 10,631 13,817 18,295 22,850 2,853 7,844 28,117 9,424 649 10,074 8,480 9,563 28,117 2006E 1,955 14,471 3,847 20,273 4,347 645 Exhibit 2- Balance Sheet (in $ thousand, some numbers are rounded) At December 31 2002 2003 2004 2005 Assets Cash 705 1,542 1,818 2,158 Accounts Receivable 3,485 4,405 6,821 10,286 Inventories 3,089 2,795 3,201 3,291 Current Assets 7,279 8,742 11,839 15,735 Plant, Property, & Equipment (net) 2,257 2,680 2,958 3,617 Other Assets 645 645 645 645 Land 450 1,750 2,853 2,853 Non-Current Assets 3,352 5,075 6,456 7,115 Total Assets 10,631 13,817 18,295 22,850 Liabilities & Shareholders Equity Accounts Payable 2,034 2,973 4,899 6,660 Current Portion of Long-term Debt 315 352 525 730 Current Liabilities 2,349 3,325 5,423 7,390 Long-Term Debt 3,258 4,400 5,726 7,123 Shareholders Equity 5,024 6,091 7,146 8,336 Total Liabilities & Shareholders Equity 10,631 13,817 18,295 22,850 2,853 7,844 28,117 9,424 649 10,074 8,480 9,563 28,117Step by Step Solution
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