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Create the sources and uses statement for the following firm. Assume that net income for 2019 is $10 (10 points) 2018 2019 2018 2019 Cash
- Create the sources and uses statement for the following firm. Assume that net income for 2019 is $10 (10 points)
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| 2018 | 2019 |
| 2018 | 2019 |
| Cash and Marketable Securities | 20 | 35 | Accounts Payable | 40 | 60 |
| Account Receivables | 80 | 100 | Notes Payable | 34 | 50 |
| Inventory | 110 | 150 |
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| Current Assets | 210 | 285 | Current Liabilities | 74 | 110 |
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| Gross Fixed Assets | 650 | 700 | Long-term Debt | 100 | 100 |
| Less Accumulated Dep. | 150 | 225 | Common Stock | 300 | 310 |
| Net Fixed Assets | 500 | 475 | Retained Earnings | 236 | 240 |
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| Total Assets | 710 | 760 | Total Liabilities and Owner's Equity | 710 | 760 |
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