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Current Accounts 2007: CA = $1,500; CL = $1,300 2008: CA = $2,000; CL = $1,700 Fixed Assets and Depreciation 2007: NFA = $3,000; 2008:
Current Accounts
2007: CA = $1,500; CL = $1,300
2008: CA = $2,000; CL = $1,700
Fixed Assets and Depreciation
2007: NFA = $3,000; 2008: NFA = $4,000
Depreciation expense = $300
LT Liabilities and Equity
2007: LTD = $2,200; Common Stock = $500; RE = $500
2008: LTD = $2,800; Common Stock = $750; RE = $750
Income Statement Information
EBIT = $2,700; Interest Expense = $200; Taxes = $1,000; Dividends = $1,250
Find cash flows from assets.
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