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The balince sheet provides a snapshot of the financial condition of a company. Investors and analysts use the information given on the baiance sheet and sther financial statements to make several interpretations regarding the company's financial condition and performance. Cuit comen Woodcraft Company in a hypothetical company. Suppose it has the following balance sheet items reported at the end of its first year of oseratian. For the second year, some parts are still incomplete, Use the information given to complete the baiance sheet. Cruen atse inturnytion in the preceding balance sheet-and issuming that Cute Camel Woodcraft Company has so million shares of common stock stetement x s Coue camel' net collnction of inwentory items increased by mare than the firmis sales between. Years 1 and 2. The aianuals baintice decreased by 8352 million between rnars 1 and 2 Thise inverturies of rew materikis, work in-procest, and find goods decreved by 51,485 milson between Year 1 and Year 2 Tusui inshituries of rew materialk, work-in-process, and final goeds increased from 15,940 milkon to 57,425 miltion between Year 1 and Btelonsew x+ Cuer che pest two years, Cutr Camel woodereft Company has relied more on the use of short-term debt than on long- Statement 8 a Over the gast two years, Cute Cameil wosdonh Conpary has relied more on the use of short-term debt than on long. trecancise Cuns Comer takal nithes peywbie nowased by 4117 million, while ts common stock account increased by 53,656 million Statement w3, The beok value per share of Cute Camels stock in 7ear 2 mar 3502.40. This statement is , beceute: The per-thare book value is calculated by dividing the compony's totat commin equty ov the number of eutatanding sharm of consion steck Based on your understanding of the different items reported on the baiance steet and the inforination they provide, which statereeit regarsen Chite Came Wooderart Company's balance sseet is consistent wit U.S. Generathy Accopted Accounting Principies (Cawy)? The compatyl's debts should be listed from those carring the targest baiance to those math the smaliest belance. The compary's debts are lsaed in the order in which they are to be repuld. The compary's debts should be fisted in order of their sidulisty

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