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has all of tht has all of the required information. choose source or use and for what amount, etc. (5000) (5000) 2019 2020 Assets Current

has all of thtimage text in transcribed

has all of the required information. choose source or use and for what amount, etc.

image text in transcribed

(5000) (5000) 2019 2020 Assets Current 9 122 Cash Accounts Receivable 95 130 75 Inventory Prepaids 120 28 40 Total current 219 300 Fixed 700 760 Cost Less depreciation Net 140 560 210 550 Total assets 779 850 Liabilities Current 160 Short Term Credit Line Accounts Payable Accrued Expenses Taxes Payable Current Portion of Long Term Debt 51 30 hes 53 115 8 2. 20 20 Total current 1134 250 Long Term Portion of Long Term Debt 1170 270 Shareholders' Equity Capital Shares Retained Earnings 1175 350 1125 1155 170 2 Term Debt Shareholders' Equity 350 175 Capital Shares Retained Earnings 125 155 Total Liabilities plus Equity 779 850 You are calculating sources and uses for Badco in order to eventually generate its cash flow statement In parts (a) to (e) of the question, for different accounts (line items), please indicate: (1) whether the change is a source or use of funds and (2) the related amount. (a) Accounts Receivable: in the amount of $ K (b) Inventory: in the amount of s K (c) Accounts Payable: in the amount of s (d) Accrued Expenses: in the amount of s K (e) Long Term Portion of Long Term Debt: in the ambient of s K. You are also calculating different ratios for Badco for the end of 2020. In parts () and (g) indicate the values for these ratios with two decimal places. ( The Current Ratio (or Working Capital Ratio) is: (9) The Quick Ratio (or Acid Test Ratio) is: (e) If Badco reported 546K in Net Income and S70K for Depreciation for the 2020 year. the Cash Flow Derived From Operating Activities is in the amount of S K

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