Given the following balance sheets for a company: and knowing that: (a) the firm didnt pay dividends,

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Given the following balance sheets for a company: image text in transcribed

image text in transcribed

and knowing that: (a) the firm didn’t pay dividends, (b) it didn’t sell any fixed assets in 2018, and (c)minimum cash is six in both years:

a. Calculate OWC for years 2019 and 2020.

b. Calculate funds from operations in year 2020.

c. Prepare the seven-item statement of cash flows for year 2020.

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Practical Finance For Operations And Supply Chain Management

ISBN: 9780262043595

1st Edition

Authors: Alejandro Serrano, Spyros D. Lekkakos, James B. Rice

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Question Posted: Apr 30, 2024 08:00 AM

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Given the following balance sheets for a company: and knowing that: (a) the firm didnt pay dividends,

Question:

Year Assets 2019 2020 Cash 30 6 Receivables 20 55 Inventory 40 50 Fixed assets (gross) 100 225 Accumulated depreciation (30) (40)

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Practical Finance For Operations And Supply Chain Management

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