abc please (Related to Checkpoint 3.2) (Review of financial...
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abc please
(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? a. How much is the firm's net working capital? The firm's net working capital is $ (Round to the nearest dollar.) \begin{tabular}{|l|r|} \hline Inventory & 6490 \\ \hline Common stock & 45100 \\ \hline Cash & 16500 \\ \hline Operating expenses & 1400 \\ \hline Short-term notes payable & 650 \\ \hline Interest expense & 870 \\ \hline Depreciation expense & 450 \\ \hline Sales & 12750 \\ \hline Accounts receivable & 9620 \\ \hline Accounts payable & 4750 \\ \hline Long-term debt & 55420 \\ \hline Cost of goods sold & 5720 \\ \hline Buildings and equipment & 122200 \\ \hline Accumulated depreciation & 34230 \\ \hline Taxes & 1420 \\ \hline General and administrative expense & 900 \\ \hline Retained earnings & ? \\ \hline \end{tabular}
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