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( Related to Checkpoint 3 . 2 ) ( Review of financial statements ) A scrambled list of accounts from the income statement and balance
Related to Checkpoint Review of financial statements A scrambled list of accounts from the income statement and balance sheet of Belmond, Inc. is found here:
a How much is the firm's net working capital?
b Complete an income statement and a balance sheet for Belmond.
c If you were asked to respond to parts a and b as part of a training exercise, what could you tell your boss about the company's financial condition based on your answers?
a How much is the firm's net working capital?
The firm's net working capital is $ Round to the nearest dollar.
Data table
b Complete an income statement and a balance sheet for Belmond.
Complete the income statement below: Select from the dropdown menus and round to the
Belmond, Inc.
Income Statement
Gross Profit
$
$
Net Operating Income
$
Earnings before Taxes
$
Net Income
tableClick on the icon D in order to copy its contents into a spreadsheet.InventoryCommon stock,CashOperating expenses,Shortterm notes payable,Interest expense,Depreciation expense,SalesAccounts recelvable,Accounts payable,Longterm debt,Cost of goods sold,Buildings and equipment,Accumulated depreciation,TaxesGeneral and administrative expense,Retained earnings,?
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