Hello, I have to take a Midterm for Corporate Finance, can someone help ? (I uploaded some documents to give you an idea of the content of the class). Thank you
Build a balance sheet based on the data below.
Note: Some of the listed items do not below on a balance sheet
| Balance sheet as of Dec. 31, 2018 | |||||||
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| Cash | $4,438 |
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| Accounts payable | $4,661 |
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| Accounts receivable | 4,874 |
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| Notes payable | 858 |
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| Inventory | 10,444 |
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| Current liabilities | $5,519 |
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| Current assets | $19,756 |
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| Long-term debt | $14,537 | |
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| Net fixed assets | $37,211 |
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| Owners' equity | 36,911 |
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| Total assets | $56,967 |
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| Total liab. & equity | $56,967 |
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| Balance sheet as of Dec. 31, 2019 | ||||||
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| Cash | $5,620 |
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| Accounts payable | $4,520 |
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| Accounts receivable | 6,617 |
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| Notes payable | 806 |
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| Inventory | 10,733 |
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| Current liabilities | $5,326 |
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| Current assets | $22,970 |
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| Long-term debt | $17,334 | |
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| Net fixed assets | $39,049 |
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| Owners' equity | 39,359 |
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| Total assets | $62,019 |
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| Total liab. & equity | $62,019 |
