Question: Using year 4 as the base year , without creating a pattern from the previous years. Based on the information provided in the Marine Supply
Using year 4 as the base year, without creating a pattern from the previous years. Based on the information provided in the Marine Supply paragraph what would be the numbers projected for year 5 for the BALANCE SHEET ?
Base year is year 4



Marine Supply Company - Part 2 As discussed earlier, the partners have just told you that the United States Navy has proposed the purchase of S1,500,000 of marine supplies. This contract, if accepted, would require a one-time investment in new equipment of $1,000,000 and would be renewed year after year. After some discussion among themselves, they decided to accept the order and are now wondering what to do next. This is why they have called you
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