Please see attached questions. Please DO NOT ACCEPT if you are not familiar with subject matter. This is a must. It requries knowledge of risk management and insurance. Imperative please. there a
CALDWELL, INC
BALANCE SHEET
as of December 31st, 2017
| ASSETS | |||||||
| Current Assets: | |||||||
| Cash | $ 1,000,000.00 | ||||||
| Accounts Receivable | $ 300,000.00 | ||||||
| Notes Receivable | $ 200,000.00 | ||||||
| Inventory | $ 1,500,000.00 | ||||||
| Other Current Assets | $ 3,000,000.00 | ||||||
| Total Current Assets | $ 6,000,000.00 | ||||||
| Long Term Assets: | |||||||
| Buildings | $ 13,000,000.00 | ||||||
| Less Depreciation | $ (1,900,000.00) | ||||||
| Property and Equipment | $ 1,000,000.00 | ||||||
| Less Depreciation | $ (600,000.00) | ||||||
| Total Long Term Assets | $ 11,500,000.00 | ||||||
| TOTAL ASSETS | $ 17,500,000.00 | ||||||
| LIABILITIES: | |||||||
| Current Liabilities: | |||||||
| Accounts Payable | $ 1,500,000.00 | ||||||
| Bank Loans | $ 800,000.00 | ||||||
| Notes Payable | $ 200,000.00 | ||||||
| Other Current Liabilities | $ 1,500,000.00 | ||||||
| Total Current Liabilities | $ 4,000,000.00 | ||||||
| Long Term Liabilities | |||||||
| Mortgage | $ 8,500,000.00 | ||||||
| Other | $ 1,000,000.00 | ||||||
| Total Long Term Liabilities | $ 9,500,000.00 | ||||||
| TOTAL LIABILITIES | $ 13,500,000.00 | ||||||
| Stockholder's Equity: | |||||||
| Common Stock | $ 3,500,000.00 | ||||||
| Retained Earnings | $ 500,000.00 | ||||||
| TOTAL STOCKHOLDER'S EQUITY | $ 4,000,000.00 | ||||||
| TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY | $ 17,500,000.00 | ||||||
