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a) b) please elaborate how you got the answer so i can see where i am messing up. Thank you in advance! Rainy Corp has
a) b) please elaborate how you got the answer so i can see where i am messing up. Thank you in advance! Rainy Corp has total assets of $196 mil, revenues of $67 mil, Inventories of $8 mil and Cost of Goods Sold of $48 mil. On the Rainy's common size income statement what percentage would cost of Goods Sold be? (Express answer in 4 decimals (25.02% would be 0.2502) Cranky Corp earned Net Income of $258 mil in 2019. In 2019, the depreciation expense was $257 mil. The change in Current Assets was $-40 mil and the change in current liabilities was $-64 mil. What was Cranky's cash flow from operations in 2019 in millions of dollars? (don't add zeroes)
a)
b)
please elaborate how you got the answer so i can see where i am messing up. Thank you in advance!
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