The balance sheet provides a snapshot of the financial condition of a company. Investors and analysts use the information given on the balance sheet and other financial statements to make several interpretations regarding the company's financial condition and performance.

Cute Camel Woodcraft Company is a hypothetical company. Suppose it has the following balance sheet items reported at the end of its first year of operation. For the second year, some parts are still incomplete. Use the information given to complete the balance sheet.

2. Balance sheet Suen the information in the preceding tulbece sheet-and assaming that Cuce Comel Woodcrnt Combuny las 50 mlion shsres ef common stock Statement 11 Cue Camely nek colieaion of iventeny itena inoresed by mote than she trm's sales between vears 1 and 2. is staterent is becase Yeir 2 The actruate haience dooreased to 1352 mation beteen reark i and 2 Statement w2: Orer the psit tao vews, Cut Caned Wrocrant Company has reled more an the use ar short-tarm beth than on iotgterme dete Anssicive , becaust Cune Cameiv total nese payabie ncreabed by 3117 milon, mhit ik comenan stock doocum intwased by $7,656 milon Cune Camely total ourtent liabicies decreabd liy s469 malion, whie ts brg term dubt acoure deoreased by $1,406 wisis Statement 43: The book veue per whand af Cute Camel' wack in Yeer 2 was 54A2,50. This stacerterit is bechusit: The per-shsre book vel ie is calouated by dissing the ecmpsny's bocal ssstes by the number of cutecanding thares of cammonatock The der-shere sook valje is cakuates by duiding the oomponys botal commen equkr by the hamber of butntanding sheres of common timek The eampsmr? debts are listed we vhe arder in mfich they are te le reped. The compunts debts sbould be lated in brater of their lquaity