Construct a balance sheet for 2016 and 2017. List all the working capital accounts. Find the net working capital for the years ending 2016 and 2017. Calculate the change in net working capital for the year 2017.

Financial management questions that require Accounting and Financial Management knowledge.

1. Balance sheet. From the following balance sheet accounts,

• 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.

2. Income statement. From the following income statement accounts,

• a. Produce the income statement for the year.
• b. Produce the operating cash flow for the year.