a. construct a balance sheet for 2016 and 2017. b. ist 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. a. construct a balance sheet for 2016 and 2017 Complete the balance sheet for 2016 below (Round to the nearest dollar) Roman Corporation Balance Sheet as of December 31, 2016, and December 31, 2017 ASSETS 2016 2017 LIABILITIES 2016 2017 Current assets Current liabilities Total current liabilities %24 Total current assets Total liabilities
a. construct a balance sheet for 2016 and 2017. b. ist 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. a. construct a balance sheet for 2016 and 2017 Complete the balance sheet for 2016 below (Round to the nearest dollar) Roman Corporation Balance Sheet as of December 31, 2016, and December 31, 2017 ASSETS 2016 2017 LIABILITIES 2016 2017 Current assets Current liabilities Total current liabilities %24 Total current assets Total liabilities
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Question is complete please don’t reject. Please answer all parts a,b,c and d thx.
![d to the nearest dollar.)
Data Table
Roman Corporation
Balance Sheet as of December 31, 2016, and Dece
(Click on the following icon e in order to copy its contents into a spreadsheet)
ASSETS
2016
2017 LIABILITIES
Current assets
Current liabilitie
Balance Sheet Accounts of Roman Corporation
Balance
Balance
I$
Account
Accumulated depreciation
Accounts payable
Accounts receivable
Cash
Common stock
Inventory
12/31/2016
12/31/2017
$2.670
$2,060
Total current lia
$2,020
$1,800
$2,480
$2,690
Total current assets
Total liabilities
$1,300
$4,.990
$5,800
$7.800
$8.400
$1,090
$4,990
$6,030
$8.200
$9.200
the input fields and then click Check Answer.
Long-term debt
Plant, property, and equipment
Retained earnings
Clear All
$1,370
$1,090
a
12:14 AM
(? ^
a 40) ENG
12/13/2020
hp
iprt sc
2$
4
&
5
8
back
R
Y
P
G
K
B
N
M
home
alt
ctrl
USE YOUR SMARTPH
Reviews Videos
Specs Sup
口](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1d2d267b-f51c-4e80-81d6-95aed549da9b%2F29d79653-c4e0-4776-95ee-9b9195df75fb%2Fe1wq5ad_processed.jpeg&w=3840&q=75)
Transcribed Image Text:d to the nearest dollar.)
Data Table
Roman Corporation
Balance Sheet as of December 31, 2016, and Dece
(Click on the following icon e in order to copy its contents into a spreadsheet)
ASSETS
2016
2017 LIABILITIES
Current assets
Current liabilitie
Balance Sheet Accounts of Roman Corporation
Balance
Balance
I$
Account
Accumulated depreciation
Accounts payable
Accounts receivable
Cash
Common stock
Inventory
12/31/2016
12/31/2017
$2.670
$2,060
Total current lia
$2,020
$1,800
$2,480
$2,690
Total current assets
Total liabilities
$1,300
$4,.990
$5,800
$7.800
$8.400
$1,090
$4,990
$6,030
$8.200
$9.200
the input fields and then click Check Answer.
Long-term debt
Plant, property, and equipment
Retained earnings
Clear All
$1,370
$1,090
a
12:14 AM
(? ^
a 40) ENG
12/13/2020
hp
iprt sc
2$
4
&
5
8
back
R
Y
P
G
K
B
N
M
home
alt
ctrl
USE YOUR SMARTPH
Reviews Videos
Specs Sup
口
![Balance sheet. From the following balance sheet accou
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.
a. construct a balance sheet for 2016 and 2017
Complete the balance sheet for 2016 below: (Round to the nearest dollar)
Roman Corporation
Balance Sheet as of December 31 , 2016, and December 31, 2017
ASSETS
2016
2017 LIABILITIES
2016
2017
Current assets
Current liabilities
Total current liabilities
Total current assets
Total liabilities
Choose from any list or enter any number in the input fields and then click Check Answer
parts
emaining
Clear All
O Type here to search
%23
hp
%23
3.
%24
4
&
5
8
Q
W
E
R
T.
A
D
G
K
B
alt](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1d2d267b-f51c-4e80-81d6-95aed549da9b%2F29d79653-c4e0-4776-95ee-9b9195df75fb%2Fi2zcngp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Balance sheet. From the following balance sheet accou
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.
a. construct a balance sheet for 2016 and 2017
Complete the balance sheet for 2016 below: (Round to the nearest dollar)
Roman Corporation
Balance Sheet as of December 31 , 2016, and December 31, 2017
ASSETS
2016
2017 LIABILITIES
2016
2017
Current assets
Current liabilities
Total current liabilities
Total current assets
Total liabilities
Choose from any list or enter any number in the input fields and then click Check Answer
parts
emaining
Clear All
O Type here to search
%23
hp
%23
3.
%24
4
&
5
8
Q
W
E
R
T.
A
D
G
K
B
alt
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education