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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Published On:
06/09/2015
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