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We will look at the Milavec Financial Statements from 3 perspectives or points of view (POV): Investors considering investing $100,000, who will purchase Preferred Stock

We will look at the Milavec Financial Statements from 3 perspectives or points of view (POV):

  1. Investors considering investing $100,000, who will purchase Preferred Stock
  2. Lenders considering loaning $100,000 for a 5-10 year term
  3. Internal Management tasked with increasing profits over 3 years by 5%

We will think about the different objectives of each of these stakeholders (users of financial information), and we will think about which parts of Milavecs story are most interesting to each

i need 3 questions based on this milavec company .

image text in transcribedimage text in transcribed

MILAVEC COMPANY Balance Sheets As of December 31 Year 4 Year 3 $ 20,000 20,000 4,000 50,000 70,000 4,000 $ 17,000 22,000 3,000 56,000 43,000 4,000 340,000 $508,000 310,000 $455,000 Assets Cash Marketable securities Notes receivable Accounts receivable Merchandise inventory Prepaid expenses Property, plant, and equipment (net) Total assets Liabilities and Stockholders' Equity Accounts payable Salaries payable Taxes payable Bonds payable, 8% Preferred stock, 6%, $100 par, cumulative Common stock, $10 par Retained earnings Total liabilities and stockholders' equity $ 40,000 2,000 4,000 100,000 $ 38,000 3,000 2,000 100,000 50,000 150,000 162,000 50,000 125,000 137,000 $508,000 $455,000 MILAVEC COMPANY Balance Sheets As of December 31 Year 4 Year 3 $ 20,000 20,000 4,000 50,000 70,000 4,000 $ 17,000 22,000 3,000 56,000 43,000 4,000 340,000 $508,000 310,000 $455,000 Assets Cash Marketable securities Notes receivable Accounts receivable Merchandise inventory Prepaid expenses Property, plant, and equipment (net) Total assets Liabilities and Stockholders' Equity Accounts payable Salaries payable Taxes payable Bonds payable, 8% Preferred stock, 6%, $100 par, cumulative Common stock, $10 par Retained earnings Total liabilities and stockholders' equity $ 40,000 2,000 4,000 100,000 $ 38,000 3,000 2,000 100,000 50,000 150,000 162,000 50,000 125,000 137,000 $508,000 $455,000

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