Question
Balance sheet Beginning of Year End of Year Beginning of Year End of Year Cash 382 437 Accounts payable 1361 1043 Receivables 914 862 Long-term
Balance sheet
| Beginning of Year | End of Year |
| Beginning of Year | End of Year |
Cash | 382 | 437 | Accounts payable | 1361 | 1043 |
Receivables | 914 | 862 | Long-term debt | 3295 | 2982 |
Inventory | 2039 | 2146 | Common stock | 750 | 820 |
Net fixed assets | 5161 | 5379 | Retained earnings | 3090 | 3979 |
Total assets | 8496 | 8824 | Total Liab. & Equity | 8496 | 8824 |
If the net income during the year was 1000 and depreciation was 100 how much was the net cash from operations.
=727
**What was the Current Ratio at the beginning of the year? Use the Balance sheet from previous Question to calculate the ratio. Round the answer to two decimal places.
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