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Balance Sheet as of December 31, 2017 ASSETS LIABILITIES & OWNER'S EQUITY Cash $18,643 Accounts Payable $42,786 Accounts receivable 14,753 Notes payable 21,046 Inventory 30,255
Balance Sheet as of December 31, 2017 ASSETS LIABILITIES & OWNER'S EQUITY Cash $18,643 Accounts Payable $42,786 Accounts receivable 14,753 Notes payable 21,046 Inventory 30,255 Current liabilities $63,832 Current assets $63,651 Long-term debt Net fixed assets $204,068 Owners' equity Total assets $267,719 Total liab. & equity ?? $103,006 $267,719 alance Sheet as of December 31, 2018 ASSETS LIABILITIES & OWNER'S EQUITY Cash $25,721 Accounts Payable $48,325 Accounts receivable 18,732 Notes payable 21,796 Inventory 33,381 Current liabilities $70,121 Current assets $77,834 Net fixed assets ?? Total assets Long-term debt $117,334 Owners' equity 165,004 $352,459 Total liab. & equity $352,459 oints) 7) Use the Balance Sheet of Questions 4 and 5 to calculate the Cash Flow From Assets for the year ending 31st December 20 Explain how Cashflow from Investing activities are interpreted by investors? (12 points)
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