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Question #4 (8 marks) Additional financial information for the Delectable Cookie Company is summarized below in alphabetical order: Accounts payable Accounts receivable Automobile Bank loan
Question #4 (8 marks) Additional financial information for the Delectable Cookie Company is summarized below in alphabetical order: Accounts payable Accounts receivable Automobile Bank loan (due in 5 years) Building Cash Furniture Interest payable Inventory Land Mortgage payable Salaries payable Supplies Utilities payable $ 9,560 13,300 37,200 197,000 535,000 33,700 12,880 1,250 77,250 675,000 198,350 1,640 730 535 Using the information above, calculate the following (show all work for full marks): a) Non-current assets (2 marks) b) Current assets (2 marks) c) Non-current liabilities (2 marks) d) Current liabilities (2 marks)
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