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Compute the CFFA as given the following information. Balance Sheet Liabilities and Assets Owners' Equity 2019 2020 2019 2020 CL 420 390 CA 1,100 1,400
Compute the CFFA as given the following information.
Balance Sheet Liabilities and Assets Owners' Equity 2019 2020 2019 2020 CL 420 390 CA 1,100 1,400 | LTD 410 450 FA 1,600 1,700C/S 600 640 R.E 1,270 1,620 Income Statement Net Sales 1,600 Costs 800 Depreciation 60 Dividends 180 EBIT 740 Interest Paid 70 Retained Taxable income 670 Earnings 350 Tax 140 Net Income 530
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