Prepare and present the economic balance sheet for Ceres Gardening Company and calculate the capital employed by the company.

To prepare and present the economic balance sheet for Ceres Gardening Company, follow these steps:

1. Gather the necessary financial information: Collect all relevant financial data for Ceres Gardening Company, including its assets, liabilities, and equity.

2. Identify the company's assets: List all the assets owned by Ceres Gardening Company. This may include cash, inventory, property, equipment, and investments.

3. Determine the company's liabilities: Identify and list all the liabilities of Ceres Gardening Company. This may include loans, accounts payable, and other debts.

4. Calculate the company's equity: Calculate the equity of Ceres Gardening Company by subtracting its liabilities from its assets. This represents the net worth of the company.

5. Present the balance sheet: Organize the gathered information into a balance sheet format. The balance sheet typically consists of two columns, one for assets and the other for liabilities and equity. List the assets on the left side and the liabilities and equity on the right side.

6. Calculate the capital employed: To calculate the capital employed by Ceres Gardening Company, add the total liabilities and equity. This represents the total amount of capital invested in the company.

By following these steps, you will be able to prepare and present the economic balance sheet for Ceres Gardening Company and calculate the capital employed by the company.