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ABC Company 2021 2020 Sales 950,000 700,000 Net Income 250,000 200,000 Depreciation Expense 75,000 60,000 Accounts Receivable 200,000 90,000 Inventory 75,000 65,000 Accounts payable 80,000
ABC Company | 2021 | 2020 |
Sales | 950,000 | 700,000 |
Net Income | 250,000 | 200,000 |
Depreciation Expense | 75,000 | 60,000 |
Accounts Receivable | 200,000 | 90,000 |
Inventory | 75,000 | 65,000 |
Accounts payable | 80,000 | 120,000 |
Calculate the cash flow from operations for 2021
Would you be concerned after calculating the cash flow from operations? Explain why or why not.
Calculate at least one ratio from the data above
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