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  3. q8: financial statements for flagstaff hotel follo

Q8: Financial statements for Flagstaff Hotel follow: ASSETS Current Cash Accounts Recervable Inventories Total...

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Accounting

Q8: Financial statements for Flagstaff Hotel follow:
ASSETS
Current
Cash
Accounts Recervable
Inventories
Total Current Assets
Long Term
Property
Plant
Equipment
Less Depreciation
Total Long-Term Assets
Total Assets
754090 $205
$125
200
150
50
$525
5730
Flagstaf Hotel
June 30,2004
LIABILTIES
current
Accounts payable
$ 60
Wages Payable.
40
Taxes payabie
Total Current Labilities
Long Term
Bark Loans
$50
Line of Credit
Leass Obligations
Other Long-Term Obigations
Total Long-Tem Liabinties
Total Liabilities
OWNER EQUITY
Paid-in Capital
Capital Stock
Fetained Earnings
Total Owner Equity
Total Liabilities and Owner Equity
Required:
a./ Analysis vertical common and comment
b./ Prepare a trend analysis and comment.
c./ Analysis liquid Ratio
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