Question: Explain and discusss each round separately please. No need to do the math, just need to discuss how the company is doing. Its for presentation.
Explain and discusss each round separately please. No need to do the math, just need to discuss how the company is doing. Its for presentation.
Balance Sheet (in thousands) Cash Accounts Receivable Inventory Total Current Assets Plant & Equipment Accumulated Depreciation Total Fixed assets Total Assets Accounts Payable Current Debt Long Debt Total Liabilities Common Stock Retained Earnings Total Equity Total Liab And Equity Rd 1 0 7,931 49,310 57,240 141,800 - 43,187 Rd 2 883 7,563 20,262 28,707 69,700 - 26,007 43,693 72,400 2,655 0 98,613 155,854 8,701 39,734 56,700 21,645 105,135 24,300 28,360 28,360 22,359 19,740 50,719 48, 100 155,854 72,400 Rd 3 6,337 7,983 24,570 38,889 69,700 - 30,654 39,046 77,935 5,481 0 21,645 27,126 28,360 22,450 50,809 77,935 Rd 4 17,971 8,654 15,971 42,597 79,700 - 35,301 44,399 86,996 4,733 0 26,645 31,378 33,360 22,258 55,618 86,996 Rd 5 0 8,562 54,589 63,151 95,700 - 41,681 54,019 117,170 8,500 34,831 43,331 78,900 - 41,410 37,490 80,821 3,935 9,846 24,000 37,781 33,360 33,360 12,802 9,680 46,162 43,040 117,170 80,821 Rd 6 0 8,425 31,938 30,645 71,009 Rd 7 19,897 9,410 19,239 48,546 64,500 - 40,230 24,270 72,816 5,340 0 24,000 29,340 33,360 10,115 43,475 72,816 Rd 8 62,503 4,071 1,538 68,113 27,600 - 21,653 5,947 74,059 2,590 0 24,000 26,590 33,360 14,110 47,469 74,059
Step by Step Solution
3.49 Rating (159 Votes )
There are 3 Steps involved in it
Round 1 In the first round the company had a cash balance of 883 accounts receivable of 7931 and inventory of 7563 The companys total current assets were 24970 The company had accounts payable of 2165... View full answer
Get step-by-step solutions from verified subject matter experts
