Let's Assume the Paradise's Bottle Manufacturing has planned to start their business from October 1, 2020...

 

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Let's Assume the Paradise's Bottle Manufacturing has planned to start their business from October 1, 2020 and wanted to include following assets in balance sheet as at December 31, 2020: $ 550,000 111,000 430,000 47,000 25,000 799,000 5,750,000 Cash Accounts Receivable Inventory Office Equipment Computer Equipment Furniture & Fixture Machinery Instructions: a If you are the finance manager of "Paradise Resort Bottle Manufacturing", how many sources of funds you have to finance above assets? Explain b. How many liability options, you have to support your funding requirements? c. Prepare balance sheet with appropriate liability (both internal and external) to match with above assets. Let's Assume the Paradise's Bottle Manufacturing has planned to start their business from October 1, 2020 and wanted to include following assets in balance sheet as at December 31, 2020: $ 550,000 111,000 430,000 47,000 25,000 799,000 5,750,000 Cash Accounts Receivable Inventory Office Equipment Computer Equipment Furniture & Fixture Machinery Instructions: a If you are the finance manager of "Paradise Resort Bottle Manufacturing", how many sources of funds you have to finance above assets? Explain b. How many liability options, you have to support your funding requirements? c. Prepare balance sheet with appropriate liability (both internal and external) to match with above assets.

Answer rating: 100% (QA)

1 Asset financing is all about using assets to borrow money or to get a loan In the give... View the full answer