Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
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Category > Management Posted 28 Feb 2018 My Price 7.00

Mary Sky’s banker

Use Worksheet 2.1. Mary Sky’s banker has asked her to submit a personal balance sheet as of June 30, 2010, in support of an application for a $3,000 home improvement loan. She comes to you for help in preparing it. So far, she has made the following list of her assets and liabilities as of June 30, 2010:

From the data given, prepare Mary Sky’s balance sheet, dated June 30, 2010 (follow the balance sheet form shown in Worksheet 2.1). Then evaluate her balance sheet relative to the following factors: (a) solvency, (b) liquidity, and (c) equity in her dominant asset.

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Maurice Tutor
(5)
Status NEW Posted 28 Feb 2018 10:02 PM My Price 7.00

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