Current balance sheet, Marketing Management

Assignment Help:

Well Water has been in business nearly 100 years, has always been owned by the Gerry family, and is the second largest bottled water firm in the area in terms of annual sales. To help evaluate the feasibility of acquiring Well Water, PP hired Barley and Associates, a respected consulting firm, which has a bit of a national reputation. The first step in the acquisition process was to accurately determine Well Water's most recent income statement. Unbelievably, this was a very difficult and time-consuming task because the current owner, Scott Gerry, simply never appreciated or liked the idea of keeping accurate records. All sales were made in cash and then deposited. In order to estimate last year's sales, Barley and Associates had to examine deposit records, being careful not to count cash resulting from the sale of assets like machinery and water coolers. Expenses were estimated using canceled checks and an on-site verification of Well Water's assets was made.

Well Water's Current Balance Sheet (2012): Market Values (000s)

(Prepared by Barley and Associates)

Assets

Liabilities and Equity

Cash

Accounts receivable

Inventory

Current assets

Factory

Equipment

Trucks

Land

Total assets

$     5

0

   100

105

190

90

80

    300

$  765

 

 

Accounts payable

Accruals

Current liabilities

 

Equity

 

Total liabilities and equity

 

 

$    13

      11

24

 

    741

 

$  765


Related Discussions:- Current balance sheet

Makerting mix, #quest explain the ansoff product or makerting mix and its r...

#quest explain the ansoff product or makerting mix and its revance in makerting.

Advertising and creation of utility, Q. Advertising and Creation of Utility...

Q. Advertising and Creation of Utility? Advertising creates place, time and perception utility. In case seasonal products it creates time usefulness by creating demand even in

Define the media-frequency in advertisement, Q. Define the Media-Frequency ...

Q. Define the Media-Frequency in advertisement? Media-Frequency: Media-frequency demotes to average number of times the audience is exposed to media-vehicle in a specific per

psychological or functional motive?, The purchase of the smartphones by th...

The purchase of the smartphones by the netizens has a psychological or functional motive?

Concept and characteristics of environment, Concept of environment: enviro...

Concept of environment: environment literally means the surroundings, external objects, influences or circumstances under which someone or something exists. The environment of any

Describe the dimensions of service quality, Problem : As the marketing ...

Problem : As the marketing manager of a hotel, you have selected the SERVQUAL instrument to assess service quality in your organisation. In this context, a) Describe the di

Video games, Should video game companies continue to alter their products t...

Should video game companies continue to alter their products to include other functions such as email?

Brand promotion, What do you think that thisbrand promotion technique can b...

What do you think that thisbrand promotion technique can benefits an organisation by incresing sale

What is understand by extended marketing mix, Question 1: a) What is m...

Question 1: a) What is meant by Customer Relationship Management (CRM)? b) Nestlé's products include baby food, bottled water, breakfast cereals, coffee, confectionery, da

Algebra , the ordered pair (-1, -1) is a solution of the system -4x + 2y = ...

the ordered pair (-1, -1) is a solution of the system -4x + 2y = 2 and x + y = -2. true or false

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd