« Colorado Boulder (Leeds) Chooses MBA Math | Main | Melbourne Chooses MBA Math »

Monday MBA Math: Balance Sheet Update

The Monday MBA Math series helps prospective MBA students to self assess their proficiency with the quantitative building blocks of the MBA first year curriculum.

Balance sheets provide a snapshot of the financial condition at a moment in time of an organization, whether it be your favorite coffee shop or the struggling titans of Wall Street.  This exercise focuses on the high-level structure and logic of a balance sheet.


Use the starting balance sheet and the list of changes to create an updated balance sheet and to answer the question.

Ruston Company
Balance Sheet
As of December 31, 2008
(amounts in thousands)






Other Assets




Total Assets


Total Liabilities & Equity


Between January 1 and March 31, 2009:

1. Cash decreases by $300,000
2. Other Assets decrease by $200,000
3. Equity increases by $400,000

What is the value for Liabilities on March 31, 2009?

Solution (with audio commentary): click here

Prof. Peter Regan created the self-paced, online MBA Math quantitative skills course and teaches live MBA courses at Dartmouth (Tuck), Duke (Fuqua), and Cornell (Johnson).

Posted on Monday, May 11, 2009 at 12:00AM by Registered CommenterPeter Regan in , , | Comments1 Comment

Reader Comments (1)

Can you please update your blog for 2013???We are waiting for your updation..Thanks in advance..

October 8, 2013 | Unregistered CommenterBalakrishna Consulting

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
All HTML will be escaped. Hyperlinks will be created for URLs automatically.