Busi 530 Corporate Finance McGraw Hill Connect Home Work 2
Construct a balance sheet for Sophie’s Sofas given the following data. (Be sure to list the assets and liabilities in order of their liquidity.) Cash balances = $ 12,500 Inventory of sofas = $ 225,000 Store and property = $ 125,000 Accounts receivable = $ 24,500 Accounts payable = $ 19,500 Long-term debt = $ […]
