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Home > Business & Careers > Accounting   »   Correct values on my balance sheet yes or no?

 
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Old Jun 1, 2008, 05:33 PM
asianGirl83
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Correct values on my balance sheet yes or no?

Are these values correct, i need help, i dont know where i can go check my values, and i m having trouble with the highlighted ones and the question marked ones at the bottom.

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Old Jun 1, 2008, 09:08 PM   #2  
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Some instructions would have been nice.

Where did the percents come from? i.e. the sales growth 3.3% and all that? Did you figure these out from something or were they given? Interest says 9.25%. But 9.25% of what? Without knowing what that is based on, it's impossible to say.

As for the debt, no clue. I don't see anything directly related to it. I see the debt/equity ratio, meaning if you had everything else, you could plug all that in and work into it backwards. Except for the problem that you have more than one debt and there'd be no way to know what is what. There's just no information here. Unless there's something in those missing instructions.

Where'd you get that 4.08% on the short-term debt anyway? Debt isn't a percent of revenues.

I have no idea what was given and what you did, nor what you are supposed to be doing. I see a lot of percentages, and while some are obvious (like cost of sales as a percent of revenue), others are completely unobvious. Like where did the percent sales growth comes from? I assume that was given. But what all was given and what did you do?

There's only an extent to which someone can look at something like this, without knowing what was given in the problem, and what all was given in the instructions. Knowing how to do something doesn't mean we have ESP and know what all you were given for the problem unless you give it to us.
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