BUS 599 FINAL ASSIGNMENT

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Description

Elizabeth Boyle

BUS 899

Week 6 Final Assignment

 Instructor Gualco 

Lemonade Stand - Final Report

To begin explaining the economic summary report, to include the income and expense report as well as the balance sheet reflecting all the appropriate ratios, I found it to be imperative to aggregate the data to fairly and accurately present the financial picture of the Lemonade Stand.

The first item we will look at is the balance sheet, shown below.

Balance Sheet

Season 1

Season 2

Season 3

Assets

Cash

54.9

Inventories

Total Assets

Liabilities

Accounts Payable

43

Total Liabilities

43

Equity

Owner Capital

40

40

40

Earnings

Total Equity & Liabilities

...

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