Write a memo analyzing the financial strengths and weaknesses of Angelinas venture. Use the same size analysis
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Exhibit 13-13 Comparative Balance Sheat for Angalina's Jewelry Company Angelina's Jewelry Company Balance Sheet Assets Aug. 30, 2013 July 30, 2013 Change Current Assets S 500 2,000 1,500 4,000 7,000 $11,000 $ 1,000 1,000 1,000 3.000 7,000 10,000 (50% 100% 50% Cash Inventory Securities Total Current Assets Long-Term Assets 0% 10% Total Assets Liabilities Short-Term Liabilities Accounts Payabla $1,500 $ 1,000 500 $1,500 1,500 7,000 $10,000 50% (100)% Short-Term Loans Total Short-Term Liabilities Total Long-Term Liabilities 1,500 500 9,000 Owner's Equity Total Liabilities +0wners' Equity (67)% 29% 10% $11,000
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Related Book For
Entrepreneurship & Small Business Management
ISBN: 978-0133767186
2nd edition
Authors: Steve Mariotti, Caroline Glackin
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