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Bacall company is nearly ready to start trading, having completed two essential actions detailed in its opening balance sheet. First, it accumulated financial resources totaling €195,000, consisting of €150,000 in fixed funds (capital plus financial liabilities) and €45,000 in short-term funds. Second, it utilized these funds to acquire €90,000 in equipment and €45,000 in initial stock, leaving some cash available. Additionally, Bacall has opened a shop and hired a salesman to facilitate trading. Once operational, the company will focus on its economic objectives related to its core business of clothing sales. The specific operating cycle is yet to be detailed.