| BTE 320 |
| Financial Statements - Chapter 1 |
| 1 | Assets | 15,000 |
| | Liabilities | 4,000 |
| | Equity |
| 2 | Equity | 9,000 |
| | Liabilities | 3,000 |
| | Assets |
| 3 | Assets | 22,000 |
| | Equity | 9,000 |
| | Liabilities |
| | Using Amalgamated Balance Sheet (page 5), answer the following: |
| 4 | Total Current Assets for 2002 |
| 5 | Accounts Payable 2002 |
| 6 | Retained Earnings 2002 |
| 7 | Net working capital 2001 |
| 8 | Define the term Leverage |
| | Using Amalgamated Income Statement (page 13), answer the following: |
| 9 | Define the term Cost of Goods Sold |
| 10 | Cost of Goods Sold 2002 |
| 11 | Define the term Depreciation |
| 12 | Net Income 2002 |
| | Using Amalgamated Cash Flow Statement (page 17), answer the following: |
| 13 | Cash flow from operations 2002 |
| 14 | Cash flow from investing 2002 |
| 15 | Cash flow from financing 2002 |
| 16 | The Balance Sheet shows |
| 17 | The Income Statement shows |
| 18 | The Cash flow Statement shows |