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(Related to Checkpoint 3.2) (Review of financial statements) A scrambled list of accounts from the income statement and balance sheet of Belmond, Inc. is found
(Related to Checkpoint 3.2) (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 $ 0. (Round to the nearest dollar.) Data Table (Click on the icom in order to copy its contents into a spreadsheet.) Inventory 6,500 Common stock 44,990 Cash 16,550 Operating expenses 1,320 Short-term notes payable 570 Interest expense 880 Depreciation expense 550 Sales 12,780 Accounts receivable 9,640 Accounts payable 4,840 Long-term debt 55,110 Cost of goods sold 5,700 Buildings and equipment 122,080 34,190 Accumulated depreciation Taxes 1,470 General and administrative expense 840 Retained earnings Done
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