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Assume that in your role as financial advisor you have been given a pedagogical assignment to explain some questions to the company management in a

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Assume that in your role as financial advisor you have been given a pedagogical assignment to explain some questions to the company management in a limited company. As an information base, you have received the following financial reports, which are taken from the financial statements for the year 2020. All amounts in the reports are stated in thousands of kronor. Assume the following: the tax rate is 22% and that other short-term liabilities are interest-free. No ownership withdrawals or ownership deposits were made during the year. Income statement 2020 (SEK thousand) Sale 16 200 Cost of goods sold 7 000 Personnel costs 4 600 Depreciation 1 000 Other operating expenses 2000 Interest expenses 100 Results before appropriations 1 500 Year-end appropriations ? Profit before tax 1300 Tax cost 290 Results for the year ? WWW WWWWW Balance sheet 2020 (SEK thousand) Assets Fixed assets Inventory Accounts receivable Cash and bank balances Total Assets 01-jan 2020 31-dec 2020 8 000 8 600 1 000 1 100 4 2001 4 000 3 355 ? 16 555 21 WARA Equity and liabilities Share capital Retained earnings including profit for the year Untaxed reserves Bank loan Accounts payable Other short-term liabilities Equity and liabilities 01-jan 2020 31-dec 2020 6 800 6 800 1 750 ? 2 000 3 400 1 600 2 000 1 000 605 1 000 16 555 Question (2 points) How much was the total value of the goods that left the company's inventory as a result of sales during the financial year? Question (2 points) What was the value of the company's assets intended for long-term use at the beginning of the year? Answer in SEK thousand. Question (3 points) How big are the company's (real) debts at the end of the year? Answer in SEK thousand. Question (3 points) To what value does the company's cash flow from financing activities amount? Answer in SEK thousand. Enter a minus sign if the cash flow is negative

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