Question
19 SomeDisk has the following balance sheet for the year of 20x6 . Balance Sheet Assets Cash Accounts Receivable Inventory Current Assets Net Fixed Assets
19\ SomeDisk has the following balance sheet for the year of
20x6
.\ Balance Sheet\ Assets\ Cash\ Accounts Receivable\ Inventory\ Current Assets\ Net Fixed Assets\ Total Assets\ 350\ 990\ 1,810\ 3,150\
750_()
\ 3,900\ 3,900\ Liabilities\ Notes Payable\ Accounts Payable\ Accruals\ LTD\ 1,030\ Equity\ Retained Earnings
,510_()
\ Total Liab/Equity
,3,900
\ The firm reported net income of
$200
and depreciation expense of
$90
in 20X6. Also on its balance sheet for 20X5, the firm reported
$285
in cash,
$980
in accounts receivable,
$1,800
in inventory,
$100
in Notes payable,
$1,700
in accounts payable, and
$570
in accruals. Given this information, SomeDisk's CFO for 20X6 is:\
$220
\
$310
\
$245
\
$260
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