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30) Based on the following financial information for Burrito Boy determine a Balance Sheet and Income Statement for both 2018 1nd 2109. For 2019 determine
30) Based on the following financial information for Burrito Boy determine a Balance Sheet and Income Statement for both 2018 1nd 2109. For 2019 determine the Cash Flows from the firm and determine where those cash flows went. As a reminder, cash flows from the firm should include operating cash flow, cash flow from assets, and changes in working capital.
A G A Sales Depreciation Cost of goods sold Other expenses Interest Cash Accounts receivable Short-term notes payable Long-term debt Net fixed assets Accounts payable Inventory Dividends 2018 9,308 1,337 3,203 759 624 4,882 5,361 2,044 15,991 40,932 5,127 11,488 1,135 2019 $ 10,444 $ 1,398 $ 3,801 $ 664 $ 750 $ 6,463 $ 7,610 $ 927 $ 19,934 $ 44,906 $ 5,198 $ 12,343 $ 1,305 A Tax rate 21% 21%Step by Step Solution
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