2 3 4 During the Year Ended 12/31/2020 the Financial Statemen followings: Finish attempt... Year Ended 2019 Year Ended 2020 2500 Change 500 Sales 2000 Cost of Goods Sold 1600 2100 500 Gross Profit 400 400 0 Depreciation 20 25 5 Other Operating Expenses 80 175 95 Gain on sale of assets 10 Net Income 300 210 -90 20 40 20 Account Receivable Account Payable Inventory 30 25 -5 15 25 10 Equipment 100 130 30 130 30 Time left 2:05:54 Equipment 100 less: Accumulated Depreciation -50 DISNEY PURCHASE A NEW EQUIPMENT FOR $40 What is the operating cashflow of 2020? -70 -20 what is the cash received from customers in 2020? What is the cash paid for suppliers in 2020? Calculate the Payables turnover ratio which equals (Purchases /Average trade payable) What is the gross profit margin of 2020? What is the book value of the sold equipment? What is the book value of the sold equipment? What is the historical cost of the sold equipment? What is the accumulated depreciation on the sold equipment What is the selling price for the sold equipment What is the cash flow from investment activities