below is the homework and attached is an exampled plus the spreadsheet the hw answers go intoComplete the following problems. For assistance you may want to refer to these examples: Week 06 Example Problems.doc Download the Week 06 Excel Problems spr
below is the homework and attached is an exampled plus the spreadsheet the hw answers go intoComplete the following problems. For assistance you may want to refer to these examples: Week 06 Example Problems.doc Download the Week 06 Excel Problems spreadsheetto use in completing your problems. There are four separate worksheets within the workbook one for each problem. Select the proper tab to complete each assignment. You will need to complete all yellow shaded cells. Listed below is the current data for ABC Company:ABC Company Balance Sheet December 31 20xxAssetsLiabilities and EquityCash$10000000Accounts Payable$20000000Accounts Receivable250000000Long-term debt400000000Inventory120000000Common Stock ($10 par 1000000 outstanding)10000000Plant and Equipment325000000Paid-in capital90000000Retained Earnings185000000Total$705000000Total$705000000The current price of a stock is $58 per share.Required: