MGMT 5123 Week 1 MyFinanceLab Assignment
P3-12 (Review of Financial Statements) A scrambled list of accounts from the income statement and balance sheet of Belmond, Inc
|Short-term notes payable||590|
|Cost of goods sold||5,750|
|Buildings and equipments||121,610|
|General and Administrative expenses||850|
- How much is firm’s net working capital?
- Complete an income statement and a balance sheet for Belmond.
- If you are 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 answer?
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Course: MGMT 5123 Finance & Accounting for Non Finance Managers
School: Southern Wesleyan University