Now assume you were interested in developing a what if scenario. Suppose the numbers were reduced for
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Question:
Now assume you were interested in developing a "what if” scenario. Suppose the numbers were reduced for the following year for the ending market values of land, buildings and improvements, and machinery fall by 20% but all else stayed the same. Recalculate the balance sheet and financial ratios for this scenario.
1. what is the market ending balance for machinery and equipment?
2. what is the market ending balance for the buildings and improvements?
3. what is the market ending balance for real estate/land?
ORIGINAL BALANCE SHEET BELOW:
Market Beginning | Market Ending | Market Net Change | |
Machinery and Equipment | 300,000 | 300,000 | 0 |
Buildings and Improvements | 100,000 | 100,000 | 0 |
Real Estate/Land | 1,428,000 | 1,462,500 | 34,500 |
Related Book For
Statistics for Business and Economics
ISBN: 978-0321826237
12th edition
Authors: James T. McClave, P. George Benson, Terry T Sincich
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