Financial Analysis Questions Balance Sheet Health Valley Company Years ending December 31, 2001 and 2002 Cash Accounts receivable Inventory Total current assets Gross fixed assets (Accumulated depreciation) Net fixed assets Total assets Notes payable Accounts payable to suppliers Accruals Total current liabilities Long-term debt Common stock ($2.00 par value) Capital surplus Retained earnings Total Liabilities and Equity 2001 $ 20,000 40,000 60,000 $120,000 $400,000 (120,000) $280,000 $400,000 5,000 25,000 10,000 40,000 100,000 60,000 50,000 150,000 $400,000 Health Valley Company Income Statement Data: 2001 Net income = $15,000 2002 Net income = $18,000 2002 $ 12,000 48,000 50,000 $110,000 $450,000 (150,000) $300,000 $410,000 10,000 30,000 5,000 45,000 140,000 45,000 30,000 150,000 $410,000 2. Compute 2002 Net Cash Flow from Operating Activities for Health Valley Company. ("P-PP"? $20,000 $46,000 $40,000 $50,000 $55,000