Question: Provide the missing information. Consolidated Metal Bashers Balance Sheet as at 30 September, 2015 (in $'000) ASSETS LIABILITIES Current Assets Current Liabilities Cash _ ?

Provide the missing information.

Consolidated Metal Bashers

Balance Sheet as at 30 September, 2015

(in $'000)

ASSETS LIABILITIES

Current Assets Current Liabilities

Cash _?_ Accounts Payable 30

Inventory 20 Long Term Liabilities

Accounts Receivable 20 Bank Loan 40

Fixed Assets

Furniture 10 OWNERS EQUITY

Machinery 45 Common Shares _?_

Retained Earnings 10

TOTAL ASSETS _?__ TOTAL LIABS. + EQUITY 100

The value of the share capital invested by the owners of Consolidated Metal Bashers was

Group of answer choices

a-10

b-20

c-40

d-50

e-We don't have enough information to know.

Consolidated Metal Bashers

Balance Sheet as at 30 September, 2015

(in $'000)

ASSETS LIABILITIES

Current Assets Current Liabilities

Cash _?_ Accounts Payable 30

Inventory 20 Long Term Liabilities

Accounts Receivable 20 Bank Loan 40

Fixed Assets

Furniture 10 OWNERS EQUITY

Machinery 45 Common Shares _?_

Retained Earnings 10

TOTAL ASSETS _?__ TOTAL LIABS. + EQUITY 100

The value of the cash held by Consolidated Metal Bashers was:

Group of answer choices

a-5

b-10

c-20

d-40

e-We don't have enough information to know.

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