Case Name :      Young Man Inc.

Authors :           John A Humphrey, Claudia Mahoney, Elizabeth M.A. Grasby, David C. Shaw

Source :             Ivey Publishing

Case ID :            W12109

Discipline :        Accounting

Case Length :    04 pages

Solution Sample availability : YES

Plagiarism : NO (100% Original work)

Young Man Inc., a new clothing retail store, has completed its first year of operations effective May 31, 2012. The owner is anxious to know how the company has performed financially and to assess this performance. Based on the case information, the first fiscal year’s financial statements (income statement and statement of financial position) must be prepared along with an assessment of performance.