Cash $ 550,000
Accounts Receivable 111,000
Inventory430,000
Office Equipment 47,000
Computer Equipment 25,000
Furniture & Fixture799,000
Machinery5,750,000
Instructions:
a.If you are the finance manager of “PAPA’s Bottle Manufacturing”, how many sources of funds you have to finance above assets? Explain
b.How many liability options, you have to support your funding requirements?
c.Prepare balance sheet with appropriate liability (both internal and external) to match with above assets.