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come free cash flow Home work Two Rodriquez Corporation Comparative Balance Sheets December 31 2020 Cash $ 15,200 Accounts receivable 25,200 Investments 20,000 Equipment 60,000
come free cash flow Home work Two Rodriquez Corporation Comparative Balance Sheets December 31 2020 Cash $ 15,200 Accounts receivable 25,200 Investments 20,000 Equipment 60,000 Accumulated depreciation-equipment (14.000) Total $106,400 Accounts payable $ 14,600 Bonds payable 10,000 Common stock 50,000 Retained earnings 31,800 Total $106,400 2019 $ 17,700 22,300 16,000 70,000 (10,000) $116,000 $ 11,100 30,000 45,000 29,900 $116.000 4. Deprecistiin 5.2009 5.Lossos sull of equipment 5,500 Additional information: 1. Net income was $18,300. Dividends declared and paid were $16,400. 2. Equipment which cost $10,000 and had accumulated depreciation of $1,206) was sold for $3,300 3. No noncash investing and financing activities occurred during 2020
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