1.

VCG manufactures high-quality briefcases and travel bags. VCG has 50 skilled production workers in its factory. VCG is planning to expand by building a second factory. Different locations are being considered. The Managing Director is reviewing VCG’s financial statements. An extract from its statement of financial position is shown in Table 3.1. Both internal and external stakeholder groups of VCG are interested in this information.

Table 3.1: Extract from VCG’s 2021 statement of financial position ($)

Current assets	300,000
Current liabilities	250,000
Non-current assets	1,500,000
Shareholders' equity	800,000