Unformatted text preview: operation. Balance Sheet—Total Current Liabilities: $7,990. It’s doing not bad for the first year of operation. Statement of Cash Flows—Ending Cash Balance: $7,290. It’s pretty good considering a Sole Proprietorship with just being a middleman. #2 To improve the company’s financial performance, more service has to be completed. The company has to build up reputation in order to get higher profits....
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- Fall '08
- Balance Sheet, Generally Accepted Accounting Principles, Balance Sheet—Total Current