Answer:
2017 Balance Sheet
$1,368,060 TOTAL CURRENT ASSETS
$2,637,630 TOTAL NONCURRENT ASSETS
$4,005,690 TOTAL ASSETS
$792,730 TOTAL CURRENT LIABILITIES
$1,906,980 TOTAL NONCURRENT LIABILITIES
$2,699,710 TOTAL LIABILITIES
$1,305,980 TOTAL EQUITY
$4,005,690 TOTAL EQUITY + LIABILITIES
Explanation:
Liquidity it's define as the speed of an assets to be converted to cash,
the assets that take less days to buy or to sold are more liquid than others.
Cash it's the assets most liquid then are the Accounts Receivables and Inventories for last, in the middle exist different assets as Equity investments.
Prepaid expenses are not liquid because these accounts doesn't means the company could get cash if not that the company have rights over something.
2017 Balance Sheet
$200,490 Cash
$157,080 Debt Investments
$410,000 Accounts Receivable
$600,490 Inventory
$1,368,060 TOTAL CURRENT ASSETS
$264,080 Land
$604,080 Equipment
-$60,000 Accum Depreciation
$1,043,490 Buildings
-$152,000 Accum Depreciation
$195,000 Patents
$280,490 Equity Investments
$160,000 Other Assets Intangibles
$302,490 Debt Investments
$2,637,630 TOTAL NONCURRENT ASSETS
$4,005,690 TOTAL ASSETS
$459,080 Accounts Payable
$94,080 Notes Payable
$100,080 Accrued Liabilities
$139,490 Dividends Payable
$792,730 TOTAL CURRENT LIABILITIES
$903,490 Notes Payable
$1,003,490 Bond Payable
$1,906,980 TOTAL NONCURRENT LIABILITIES
$2,699,710 TOTAL LIABILITIES
$1,004,080 Common Stock
-$195,080 Treasury Stocks
$83,490 Paid in Capital
$413,490 Retained Earnings
$1,305,980 TOTAL EQUITY
$4,005,690 TOTAL EQUITY + LIABILITIES
Income Statement
Sales $8,104,080
Depreciation -$4,800,000
MARGEN BRUTO $3,304,080
Selling Expenses -$2,004,080
Adm Expenses -$901,820
Interest Expenses -$212,820
Income Statement $185,360
Investment Revenue $64,820
Gain $81,820
