A. Using the below account entries, prepare a Balance Sheet (BS) for years 2018 thru 2022...

 

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A. Using the below account entries, prepare a Balance Sheet (BS) for years 2018 thru 2022 (10 points): Accounts Payable Accounts Receivable Accrued Liabilities Cash Common Stock Furniture and Fixtures. Inventory Land/Buildings Accumulated Depreciation Long-Term Debt Machinery/Equipment Marketable Securities Notes Payable Other Fixed Assets Preferred Stock Retained Earnings Vehicles 2018 $287 $305 $126 $471 $228 $316 $217 $2,177 $2,056 $797 $1,789 $50 $199 $96 $109 $1,943 $324 2019 $374 $341 $133 $416 $214 $322 $282 $2,242 $2,199 $997 $1,878 $53 $210 $96 $103 $1,818 $418 2020 $483 $381 $141 $368 $201 $328 $366 $2,309 $2,353 $1,246 $1,972 $57 $224 $97 598 $1,672 $540 2021 $626 $428 $150 $328 $189 $335 $475 $2,378 2022 $822 $478 $159 $294 $178 $342 $619 $2,450 $2,518 $2,695 $1,558 $1,948 $2,070 $2,174 $60 $64 $250 $99 $88 $239 $98 $93 $1,498 $699 $1,286 $906 B. Once you have completed your BS in Part A above, convert your BS to a "Common Size BS" for each year (2018 thru 2022) (5 points): C. Utilizing the Common Size BS you developed in Part B, identify at least TWO (2) trends that indicate the company may be struggling (5 points): A. Using the below account entries, prepare a Balance Sheet (BS) for years 2018 thru 2022 (10 points): Accounts Payable Accounts Receivable Accrued Liabilities Cash Common Stock Furniture and Fixtures. Inventory Land/Buildings Accumulated Depreciation Long-Term Debt Machinery/Equipment Marketable Securities Notes Payable Other Fixed Assets Preferred Stock Retained Earnings Vehicles 2018 $287 $305 $126 $471 $228 $316 $217 $2,177 $2,056 $797 $1,789 $50 $199 $96 $109 $1,943 $324 2019 $374 $341 $133 $416 $214 $322 $282 $2,242 $2,199 $997 $1,878 $53 $210 $96 $103 $1,818 $418 2020 $483 $381 $141 $368 $201 $328 $366 $2,309 $2,353 $1,246 $1,972 $57 $224 $97 598 $1,672 $540 2021 $626 $428 $150 $328 $189 $335 $475 $2,378 2022 $822 $478 $159 $294 $178 $342 $619 $2,450 $2,518 $2,695 $1,558 $1,948 $2,070 $2,174 $60 $64 $250 $99 $88 $239 $98 $93 $1,498 $699 $1,286 $906 B. Once you have completed your BS in Part A above, convert your BS to a "Common Size BS" for each year (2018 thru 2022) (5 points): C. Utilizing the Common Size BS you developed in Part B, identify at least TWO (2) trends that indicate the company may be struggling (5 points):

Answer rating: 100% (QA)

A Heres the Balance Sheet BS for the years 2018 through 2022 based on the provided account entries Balance Sheet for the Years 20182022 All values are in thousands of dollars Account 2018 2019 2020 20... View the full answer