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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? \begin{tabular}{lr} \hline (Click on the icon in order to copy its contents into a spreadshegf.) & 6,5%0 \\ Inventory & 44,940 \\ Common stock & 16,600 \\ Cash & 1,350 \\ Operating expenses & 550 \\ Short-term notes payable & 880 \\ Interest expense & 490 \\ Depreciation expense & 12,880 \\ Sales & 9,570 \\ Accounts receivable & 4,760 \\ Accounts payable & 55,270 \\ Long-term debt & 5,800 \\ Cost of goods sold & 121,830 \\ Buildings and equipment & 33,680 \\ Accumulated depreciation & 1,480 \\ Taxes & 800 \\ General and administrative expense & ? \\ Retained earnings & 5 \\ \hline \end{tabular}
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