+ A Company's Comparative Balance Sheets as on year-end of 2019 and 2020 (Figures are given in millions of Dollars) 2019 2020 Assets: Current assets: Cash 5 Marketable Securities 5 Inventory 26 25 Account Receivable 25 30 Total Current assets 55 65 Property. Plant & Equipment: Gross Machinery 56 70 Less Accumulated Depreciation (16) (20) Net Machinery 40 50 Total Assets: 95 115 Liabilities: Current Liabilities Bank Loans 5 0 Account Payable 20 Total Current Liabilities 25 27 Long-Term Liabilities: 5 12 Total Liabilities 30 Stockholders' Equity (including RE) 65 76 Total Liabilities & SHE (including RE) 95 115 Income Statement for the period ended December 31 2020 Sales 350 Operating costs (321) Depreciation 0 AR AREEN Interest Pre-tax Income Tax at 50% (12) Net Income 12 Note!!! Dividend = $1 million Retained Earnings (RE) = $11 million Questions for analysis: 1. How much is the difference in the Cash (Increase/Decrease) 2. What caused this difference 3. From which sources the extra cash come from (if Increase), or how the Cash was used (if Decrease) 4. Make a Statement of Cash Flows 5. Make a Statement of Sources - in order to see how the Company generated Cash and of Uses in order to see how the Company used Cash