Reference no: EM132375680

Balance sheet. From the balance sheet accounts listed below:

a. Construct a balance sheet for 2016 and 2017.

b. List all the working capital accounts.

c. Find the net working capital for the years ending 2016 and 2017.

d. Calculate the change in net working capital for the year 2017.

Balance Sheet Accounts of Roman Corporation

Account                                                     Balance 12/31/2016   Balance 12/31/2017

Accumulated Depreciation                                 $2,020                        $2,670

Accounts Payable                                             $1,800                        $2,060

Accounts Receivable                                         $2,480                        $2,690

Cash                                                               $1,300                        $1,090

Common Stock                                                $4,990                        $4,990

Inventory                                                        $5,800                        $6,030

Long-Term Debt                                               $7,800                        $8,200

Plant, Property & Equipment                              $8,400                        $9,200

Retained Earnings                                            $1,370                        $1,090