Question: Financial Statement Analysis Using Excel for financial analysis Riverside Sweets, a retail candy store chain, reported the following figures: RIVERSIDE SWEETS Balance Sheet June 30,

Financial Statement Analysis Using Excel for financial analysis Riverside Sweets, a retail candy store chain, reported the following figures: RIVERSIDE SWEETS Balance Sheet June 30, 2018 and 2019 2019 2018 Assets Current Assets: Cash $ Short-term Investments Accounts Receivable Merchandise Inventory Other Current Assets Total Current Assets Property, Plant, and Equipment Total Assets 125,000 $ 685,000 225,000 65,000 195,000 1,295,000 875,000 2,170,000 $ 119,000 650,000 198,000 70,000 191,000 1,228,000 832,000 2,060,000 $ Liabilities $ Current Liabilities: Accounts Payable Accrued Liabilities Total Current Liabilities Long-term Liabilities 265,000 $ 641,000 906,000 251,750 725,523 977,273
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