Analyze each problem, Minimum 5000 words

Management Case 2 Emilio Esmeraldo, the proprietor of Emerald Supermart, wants to know if he should withdraw P 12,500 cash from the business. This is the amount subwn in a balance sheet prepared for him by his accountant. Emilio thinks that the business has excess cash and would like to use this to buy PNB shares of stock Analyze and review the balance sheet given below and advise Emilio if the operations of the business will be adversely affected by the cash withdrawal ASSETS Cash Accounts Receivable Merchandise Inventory Prepaid Expenses EMERALD SUPERMARKET Balance Sheet 31-Aug-16 LIABILITIES & OWNER'S EQUITY P 12,500 Accounts Payable P 6,000 7,500 Accrued Expenses 1,000 15,000 Total Liabilities 7.000 1,000 Esmeraldo, Capital 29.000 36.000 36000 A