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Bacall company is nearly ready to start trading, having completed two critical actions outlined in its opening balance sheet. Firstly, it has secured financial resources totaling €195,000: €150,000 in fixed funds (capital plus financial liabilities) and €45,000 in short-term funds. Secondly, Bacall has utilized these funds to acquire €90,000 worth of equipment and €45,000 in initial stock, while also maintaining some cash reserves. The business 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 it will follow a defined operating cycle specific to that sector.