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Exercise 5-16 A comparative balance sheet for Bramble Corporation is presented afa follows. Assets Cash Accounts receivable Inventory Land Equipment Accumulated Depreciation-Equipment Total Liabilities and

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Exercise 5-16 A comparative balance sheet for Bramble Corporation is presented afa follows. Assets Cash Accounts receivable Inventory Land Equipment Accumulated Depreciation-Equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total December 31 2020 2019 $ 72,710 $ 22,000 84,400 68,690 182,400 191,690 73,400 112,690 262,400 202,690 71,400) (44,690) $603,910 $553,070 5 36,400 150,000 214,000 203,510 $603,910 $ 49,690 200,000 164,000 139,380 5553,070 Additional information: 1. Net income for 2020 was $129.800. No gains or losses were recorded in 2020 2. Cash dividends of $65.670 were declared and paid 3. Bonds payable amounting to $50,000 were ret red through issuance of common stock, Prepare a statement of cash flows for 2020 for Bramble Corporation. (Show amounts that BRAMBLE CORPORATION Statement of Cash Flows Do De here to search a ent BRAMBLE CORPORATION Statement of Cash Flows Adjustments to reconcile net income to Share of here to search a ament Issued common stock to retire $ of bonds outstanding LINK TO TEXT Determine Bramble Corporation's current cash debt coverage, cash debt coverage, and free cash flow. (Round curn Current cash debt coverage :1 Cash debt coverage Free cash flow Comment on its liquidity and financial flexibility. Bramble has liquidity. Its financial flexibility is Click if you would like to Show Work for this question: geen Show Work LINK TO TEXT here to search

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