The problem provides financial information for the company CISSE at the beginning of year N (1/1/N) and at the end of year N (31/12/N). We are asked to: 1. Calculate the net worth (patrimoine) of the company CISSE at 1/1/N and 31/12/N. 2. Calculate the profit (résultat) for the financial year N. 3. Present the balance sheets (bilans) at 1/1/N and 31/12/N.

1. Problem Description

The problem provides financial information for the company CISSE at the beginning of year N (1/1/N) and at the end of year N (31/12/N). We are asked to:

1. Calculate the net worth (patrimoine) of the company CISSE at 1/1/N and 31/12/N.

2. Calculate the profit (résultat) for the financial year N.

3. Present the balance sheets (bilans) at 1/1/N and 31/12/N.

2. Solution Steps

First, we will determine the net worth at the beginning of year N (1/1/N). The net worth is calculated as Assets - Liabilities.

Assets at 1/1/N:

* Matériels (Equipment): $8,300,000$ F

* Stock de matières premières (Raw Materials Inventory): $6,000,000$ F

* Caisse (Cash): $2,000,000$ F

* Créances clients (Accounts receivable): $750,000$ F

Total Assets at 1/1/N = $8,300,000 + 6,000,000 + 2,000,000 + 750,000 = 17,050,000$ F

Liabilities at 1/1/N:

* Emprunt (Loan): $2,500,000$ F

* Dettes fournisseurs (Accounts payable): $1,800,000$ F

Total Liabilities at 1/1/N = $2,500,000 + 1,800,000 = 4,300,000$ F

Net Worth at 1/1/N = Total Assets - Total Liabilities = $17,050,000 - 4,300,000 = 12,750,000$ F

Next, we will determine the net worth at the end of year N (31/12/N).

Assets at 31/12/N:

* Matériels (Equipment): $7,500,000$ F

* Matières premières en stock (Raw Materials Inventory): $1,800,000$ F

* Produits finis stockés (Finished Goods Inventory): $3,000,000$ F

* Créances à recouvrer sur des clients (Accounts Receivable): $1,200,000$ F

* Disponible en caisse (Cash): $500,000$ F

Total Assets at 31/12/N = $7,500,000 + 1,800,000 + 3,000,000 + 1,200,000 + 500,000 = 14,000,000$ F

Liabilities at 31/12/N:

* Dettes aux fournisseurs (Accounts Payable): $1,900,000$ F

* Découvert bancaire (Bank Overdraft): $2,000,000$ F

* Emprunt à rembourser (Loan to be Repaid): $1,250,000$ F

Total Liabilities at 31/12/N = $1,900,000 + 2,000,000 + 1,250,000 = 5,150,000$ F

Net Worth at 31/12/N = Total Assets - Total Liabilities = $14,000,000 - 5,150,000 = 8,850,000$ F

Now, we calculate the profit for the year N.

Profit = Net Worth at 31/12/N - Net Worth at 1/1/N = $8,850,000 - 12,750,000 = -3,900,000$ F

The company has a loss of 3,900,000 F for the year N.

Balance Sheet at 1/1/N (Simplified):

Assets:

* Equipment: 8,300,000 F

* Raw Materials Inventory: 6,000,000 F

* Cash: 2,000,000 F

* Accounts Receivable: 750,000 F

Total Assets: 17,050,000 F

Liabilities:

* Loan: 2,500,000 F

* Accounts Payable: 1,800,000 F

Total Liabilities: 4,300,000 F

Equity:

* Net Worth: 12,750,000 F

Total Liabilities and Equity: 17,050,000 F

Balance Sheet at 31/12/N (Simplified):

Assets:

* Equipment: 7,500,000 F

* Raw Materials Inventory: 1,800,000 F

* Finished Goods Inventory: 3,000,000 F

* Accounts Receivable: 1,200,000 F

* Cash: 500,000 F

Total Assets: 14,000,000 F

Liabilities:

* Accounts Payable: 1,900,000 F

* Bank Overdraft: 2,000,000 F

* Loan to be Repaid: 1,250,000 F

Total Liabilities: 5,150,000 F

Equity:

* Net Worth: 8,850,000 F

Total Liabilities and Equity: 14,000,000 F

3. Final Answer

* Net worth at 1/1/N: 12,750,000 F

* Net worth at 31/12/N: 8,850,000 F

* Profit for the year N: -3,900,000 F (Loss)

* Balance sheets are presented in the solution steps.