SUBJECT: FINANCIAL MANAGEMENT.

1.Prepare the balance sheet

2. and the income statement for Belmond Inc

25,00 ? Inventories Gross fixed assets Accumulated depreciation Long-term debt Common stock Other assets Retained earnings 3-5. (Working with an income statement and balance sheet) Pref $ 6,500 45,000 16,550 1,350 600 900 500 Inventory Common stock Cash Operating expenses Short-term notes payable Interest expense Depreciation expense Net sales Accounts receivable Accounts payable Long-term debt Cost of goods sold 12,800 9,600 / 4,800 55,000 5,750 Buildings and equipment Accumulated depreciation Taxes 122,000 34,000 1,440 850 General and administrative expense Retained earnings 60 HOU