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4. Compute the CFFA as given the following information. Current Accounts 2020: CA = 4,200; CL = 2,000 2019: CA = 3,000; CL = 1,500

4. Compute the CFFA as given the following information.

Current Accounts

2020: CA = 4,200; CL = 2,000

2019: CA = 3,000; CL = 1,500

Fixed Assets and Depreciation

2020: NFA = 4,500; 2019: NFA = 4,000

Depreciation Expense = 450

Long-term Debt and Equity

2020: LTD = 3,700; Common stock = 600

2019: LTD = 3,500; Common stock = 500

Income Statement

EBIT = 2,500; Taxes = 400

Interest Expense = 550; Dividends = 650

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