Question: Option #2: Problem Set For this Critical Thinking Assignment option. complete the following Review Questions from Chapter 2 of the Financial Management and Accounting Fundamentals

 Option #2: Problem Set For this Critical Thinking Assignment option. complete

Option #2: Problem Set For this Critical Thinking Assignment option. complete the following Review Questions from Chapter 2 of the Financial Management and Accounting Fundamentals for Construction textbook, listed on pp. 39-40. Review Question 3 The following balance sheet figures are available on the Cougar Construction Company Total Current Long-Term $100,000 $100,000 $200,000 70,000 150,000 Assets Liabilities Find the total net worth of the company Review Question 4 The following data regarding Atlas Construction Company are available: 80,000 Current assets Current liabilities Long-term liabilities Total net worth $300,000 200,000 500,000 200,000 What is the value of the company's fixed assets? Review Question s Name three accounts typical of the liability side of a balance sheet, In what side would you enter Show your work and upload your completed assignment as a Word document to the assighment dropbox

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!