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COMPREHENSIVE PROBLEM Current Accounts 2015: CA = 4.400; CL 1,500 2014: CA 3,500; CL 1,200 Fixed Assets and Depreciation 2015: NFA Depreciation Expense 400 3,400;

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COMPREHENSIVE PROBLEM Current Accounts 2015: CA = 4.400; CL 1,500 2014: CA 3,500; CL 1,200 Fixed Assets and Depreciation 2015: NFA Depreciation Expense 400 3,400; 2014: NFA 3,100 Long-term Debt and Equity (R.E. not given) 2014: LTD-3,950; Common stock &APIC-400 Income Statement Interest Expense = 350; Dividends = 500 Compute the CFFA 2015: LTD 4,000; Common stock &APIC-400 EBIT-2,000; Taxes 300

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