The Balance Sheet
Marketing and the Balance Sheet
Review the Balance Sheet below and answer the following questions:
1) What kind of assets are account receivables?
2) Is there sufficient cash on hand and accounts receivable to pay for taxes and accounts payable?
3) What percentage of fixed assets is represented by land ownership?
Balance Sheet Ending December 31st 2014.
| Current Assets |
|Cash on Hand|
Total Current Assets
| Fixed Assets|
|Garage and Equipment|
|Other (Intangible Assets)|
Total Fixed Assets
Liabilities & Shareholder Equities
| Shareholder Equity|
Total Shareholder Equity
Total Liabilities $ shareholder Equity