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In the Bacall company example, the business is nearly ready to start trading after completing two key actions highlighted in the opening balance sheet. First, Bacall has secured financial resources totaling €195,000, comprising €150,000 in fixed funds (capital and liabilities) and €45,000 in short-term funds. Second, the sources of these funds have been utilized to acquire €90,000 worth of equipment and €45,000 in initial stock, leaving some cash available. The company has opened a shop and hired a salesman to initiate trading. Bacall's economic objectives will focus on its core business, which is clothing sales, and the operating cycle will be outlined in subsequent discussions.