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define whether the difference between the two years balance sheet accounts considered use or source of cash. Assets 2020 current assets Cash Account recievable Inventory

define whether the difference between the two years balance sheet accounts considered use or source of cash.

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Assets 2020 current assets Cash Account recievable Inventory Total YELLOW.PACKAGE 2019 AND 2020 BALANCE SHEET ($ IN MILLLIONS) Liabilities ans owner's equity 2019 2020 2019 current liabilities 1000 1100 Account payable 1150 1550 2100 Notes payable 14001 1600 1650 Total 2550 4150 4850 Long term debt 1200 owner's equity 30000 39070 common stock and paid in surplus 1900 10000 15000 retained earnings 39.000 40000 54070 total 40900 44150 58920 total liabilities and owner's equity 44650 1900 1730 3630 2080 Net plant and equipment buildings equipment total net plant and equipment total assets 3870 49140 53010 58720 YELLOW.PACKAGE 2019 AND 2020 INCOME STATEMENT ( $ IN MILLIONS) 2019 65,000 42,500 4500 net sales cost of goods sold depreciation 2020 77,648 52,810 5000 Earnings before interest and taxes 18,000 19,838 Interest expense 4000 4475 Taxable income Taxes 34% Net Income 14,000 4,760 9.2401 15,363 5,223 10,1401

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