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balance sheets are for reference. please explain formula how did you get the answer 7) Use the Balance Sheet of Questions 4 and 5 to

balance sheets are for reference. please explain formula how did you get the answer
7) Use the Balance Sheet of Questions 4 and 5 to calculate the Cash Flow From Assets for the year ending 31st December 2018. Explain how Cashflow from Investing activities are interpreted by investors? (12 points)

(4) Given below are the balance sheet of 2017 developed by Vera. Calculate the Owners Equity. If the Accumulated Retained Earnings are $29,000 what would Common Stock for the company be? (3 points) [Show your work]

Balance Sheet as of December 31, 2017

ASSETS

LIABILITIES & OWNERS 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

$103,006

Net fixed assets

$204,068

Owners' equity

??

Total assets

$267,719

Total liab. & equity

$267,719

(5) Given below are the balance sheet of 2018 developed by Vera. Calculate the Net Fixed Assets. How much did the company pay for these assets if the Accumulated depreciation figure is $100,000 (2 points) [Show your work]

Balance Sheet as of December 31, 2018

ASSETS

LIABILITIES & OWNERS 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

Long-term debt

$117,334

Net fixed assets

??

Owners' equity

165,004

Total assets

$352,459

Total liab. & equity

$352,459

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