need only Typed answer. Donot provide handwritten. and i need all

3.4 FINAL ACCOUNTS: ACTIVITY C Read the case study information below and answer the questions that follow. FRONT OF THE Q PLC Front of the Q is a human resource management consultancy and recruitment agency. The company was founded in 2010 by four young university friends who are the majority shareholders. They believed they had the connections and networks to be able to match the very best university graduates to the most sort after companies young graduates wished to work at. The core competency of the young company is in its ability to implement and utilise their own social networking software and integrate this into the large social networking sites such as Facebook and LinkedIn. Growth has been phenomenal. Study the simplified version of the 2014 balance sheet for Front of the Q as at 31 December 2014, below. 2 of 3 Business Management - Finance and Accounts 3.4C: Final Accounts: Activity 2013 2013 2014 2014 (5m) (5m) (5m) (5m) ASSETS FIXED ASSETS: Property 22 25 Vehicles 3 6 Equipment 12 22 Intangible assets 15 25 CURRENT ASSETS: Stocks (inventories) 3 Debtors (accounts receivable) 12 Cash and cash equivalents 2 CURRENT LIABILITIES Creditors (occounts payable] Short-term loans Net current assets NET ASSETS Long-term liabilities: Long-term loans SHAREHOLDERS' EQUITY Share capital Retained earnings F 49 Capital employed N Source: www.Business Management/B.com 16 6 22 4 2 3 15 5 D E 12 - U 26 A - 31 18 H M L M IB Business Management - Finance and Accounts 3.4C: Final Accounts: Activity QUESTIONS: 28 MARKS, 50 MINUTES 1. Define the following terms: i. ii. Debtors/accounts receivable Stocks/inventories Current assets iii. iv. Long-term liabilities [8 marks] 2. Calculate the values of A-N in the balance sheet for In Front of the Q for 2013 and 2014: [14 marks] 3. Explain why it is important to stakeholders in In Front of the Q to be provided with two years of balance sheet values in the published accounts; make reference to some of the data in your answer. [6 marks]