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Determine cash flow to its creditors: Statement of comprehensive income Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable
Determine cash flow to its creditors:
Statement of comprehensive income Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income Cash Accounts rec. Inventory Total Net fixed assets Total assets Statement of financial positions. 2020 2021 $1,423 $965 Accounts payable $2,196 $2,894 Notes payable $1,543 $1,650 Total $5,162 $5,509 Long-term debt $21,300 $22,758 Common stock Retained earnings $26,462 $28,267 Total liabilities and Owner's equity $8,769 $6,128 $1,364 $1,277 $730 $547 $186 $361 2020 2021 $1,007 $2,251 $2,100 $1,850 $3,107 $4,101 $8,670 $7,280 $7,200 $9200 $7,485 $7,686 $26,462 $28,267
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