The following balance sheets and income statements are for Net Devices Inc.,a manufacturer of small electronic devices,including calculators,personal digital assistants and mp3 players.Use the information to calculate the following information:
ADDITIONAL INFORMATION
Definitions:
Financial Position
An individual's or organization's status regarding the assets, liabilities, and equity at a specific point in time.
Treasurer
is a corporate executive responsible for managing the company's investments, financing activities, and cash management strategies.
Data Processing
The collection, manipulation, and processing of data to extract meaningful information or to produce a desired output.
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