Question: b. Prepare a balance sheet for TNT. c. What can you say about the firm's financial condition based on these financial statements? Complete the assets

 b. Prepare a balance sheet for TNT. c. What can you

say about the firm's financial condition based on these financial statements? Complete

b. Prepare a balance sheet for TNT. c. What can you say about the firm's financial condition based on these financial statements? Complete the assets part of the balance sheet below: (Select from the drop-down menus and round to the nearest dollar.) The Warner Company Balance Sheet $ Current Assets $ Net Plant and Equipment $ Total Assets - X i Data Table Depreciation expense Cash Long-term debt $99,400 338,200 500,700 858,900 153,200 119,000 Sales Accounts payable General and administrative expense Buildings and equipment Notes payable 1,341,900 113,100 Accounts receivable 252,100 7,225 Interest expense Accrued expenses Common stock 11,850 432,500 446,300 149,935 Cost of goods sold Inventory Taxes 76,185 Accumulated depreciation 393,600 Taxes payable 20,890 Retained earnings 456,295 (Click on the icon in order to copy its contents into a spreadsheet.) b. Prepare a balance sheet for TNT. c. What can you say about the firm's financial condition based on these financial statements? Complete the assets part of the balance sheet below: (Select from the drop-down menus and round to the nearest dollar.) The Warner Company Balance Sheet $ Current Assets $ Net Plant and Equipment $ Total Assets - X i Data Table Depreciation expense Cash Long-term debt $99,400 338,200 500,700 858,900 153,200 119,000 Sales Accounts payable General and administrative expense Buildings and equipment Notes payable 1,341,900 113,100 Accounts receivable 252,100 7,225 Interest expense Accrued expenses Common stock 11,850 432,500 446,300 149,935 Cost of goods sold Inventory Taxes 76,185 Accumulated depreciation 393,600 Taxes payable 20,890 Retained earnings 456,295 (Click on the icon in order to copy its contents into a spreadsheet.)

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