QUESTION $4(13$ MARKS$)$

The Statement of Financial Position of Northern Construction for the year $2009$ is given below. The firm estimates that it will need some additional funds during the coming year to support its growing sales.

NORTHERN CONSTRUCTION

Statement of Financial Position as at ${31}^{st}$ December $2009$

$\backslash$table$[[$ASSETS$,$RM$,$LIABILITIES AND EQUITY,RM$],[$Cash$,9,000,$Accounts payable,$10,500],[$Marketable Securities $12,500,$Notes payable,$17,000,],[$Inventories$,29,000,$Long$-$Term Debt,$28,750],[$Land$,20,000,,31,500],[$Net buildings,$42,000,$Common Stock,$24,750],[$& equipments,,Retained Earnings,$112,500$