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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
(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? Data table The firm's net working capital is $ 2720. (Round to the nearest dollar.) (Click on the icon in order to copy its contents into a spreadsheet.) Inventory 6,450 Common stock 45,010 Cash 16,590 Operating expenses 1,300 Short-term notes payable 560 Interest expense 910 Depreciation expense 550 Sales 12,770 Accounts receivable 9,570 Accounts payable Long-term debt 4,850 54,630 Cost of goods sold Buildings and equipment Accumulated depreciation Taxes 5,780 122,460 34,010 1,470 General and administrative expense Retained earnings 860 ?
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