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FIND THE CASH FLOW STATEMENT Seatwork 2.1 CASH FLOW STATEMENT The following financial statements are from Lucena Company in ($): Cash Accounts Receivable (net) Inventories
FIND THE CASH FLOW STATEMENT Seatwork 2.1 CASH FLOW STATEMENT The following financial statements are from Lucena Company in ($): Cash Accounts Receivable (net) Inventories Fixed Assets (net) Dec. 31, 2018 14,000 22,000 65,000 85,000 Dec. 31, 2019 16,000 28,000 55,000 79,000 TOTAL ASSETS 186,000 178,000 Accounts Payable Bonds Payable Common Stock (par value of $10) Retained Earnings 30,000 60,000 60,000 36,000 15,000 75,000 60,000 28,000 TOTALL AND SE 186,000 178,000 INCOME STATEMENT FOR 2019 Sales Cost of Goods Sold Gross Margin Operating Expenses (including $20,000 of depreciation expense) Income before Taxes Income Taxes Income after Taxes 360,000 240,000 120,000 100,000 20,000 8,000 12,000
FIND THE CASH FLOW STATEMENT
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