2. Sources and uses of cash (S30.2) Table 30.11 shows Dynamic Mattress’s year-end 2019 balance sheet, and Table 30.12 shows its income statement for 2020. Work out the statement of cash flows for 2020. Group these items into sources of cash and uses of cash.

Balance Sheet (year-end) 2019 2020 Assets Cash 29.0 20.0 Marketable Securities 10.0 0.0 Accounts Receivable 110.0 124.0 Inventory 100.0 183.0 Total Current Assets 249.0 327.0 Fixed Assets Property, Plant, and Equipment 330.0 345.0 Less: Accumulated Depreciation 70.0 76.5 Net Fixed Assets 260.0 268.5 Total Assets 509.0 595.5 Liabilities and Equity Bank Loans 20.0 25.0 Accounts Payable 75.0 110.0 Total Current Liabilities 95.0 135.0 Long-Term Debt 25.0 60.0 Shareholder’s Equity 389.0 400.5 Total Liability and Shareholder’s Equity 509.0 595.5

⟩ TABLE 30.11 Year-end balance sheet for Dynamic Mattress for 2019 and 2020 (figures in $ millions). See Problem 2.

Chapter 30 Financial Planning 879