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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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