During the Year Ended 12/31/2020 the Financial Statements of XXX Co. should the followings:

		Year Ended 2019		Year Ended 2020		Change
Sales		2000		2500		500
Cost of Goods Sold		1600		2100		500
Gross Profit		400		400		0
Depreciation		20		25		5
Other Operating Expenses		80		175		95
Gain on sale of assets				10
Net Income		300		210		-90
Account Receivable		20		40		20
Account Payable		30		25		-5
Inventory		15		25		10
Equipment		100		130		30
less: Accumulated Depreciation		-50		-70		-20

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What is the operating cashflow of 2020?

Answer for part 1

what is the cash received from customers in 2020?

Answer for part 2

What is the cash paid for suppliers in 2020?

Answer for part 3

Calculate the Payables turnover ratio which equals (Purchases /Average trade payable)

Answer for part 4

What is the gross profit margin of 2020?

Answer for part 5

What is the book value of the sold equipment?

Answer for part 6

What is the historical cost of the sold equipment?

Answer for part 7

What is the accumulated depreciation on the sold equipment

Answer for part 8

What is the selling price for the sold equipment

Answer for part 9

What is the cash flow from investment activities?

Answer for part 10