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Help me USE THE INFORMATION BELOW TO ANSWER THE FOLLOWING 3 QUESTIONS Proxelo, Ine. Balance Sheets For the Years Ending December 21, Cash Accounts receivable
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USE THE INFORMATION BELOW TO ANSWER THE FOLLOWING 3 QUESTIONS Proxelo, Ine. Balance Sheets For the Years Ending December 21, Cash Accounts receivable Inventory Current Assets Gross fixed assets (Accumulated depreciation) Net fixed assets Land Total Assets 2018 1,500 3,740 10 120 15,360 56,100 (9,590) 46,510 1.500 63,370 2019 1,560 4,110 8,760 14,430 64,570 (12,150) 52,420 10,000 76,850 900 Notes payable Accounts payable Accruals Current portion of long-term debt Current Liabilities Long-term debt Common stock (par value = $0.25) Additional paid in capital Retained earnings Total Liabilities & Equity 1,000 2,260 1,570 470 5,300 37,250 4,030 1,710 880 7,520 36,850 2,500 10,660 19,320 76,850 1,000 4,800 14,520 63,370 Additional Data from 2019 Income Statement: Sales in 2019 Net income in 2019 387 620 27 960 25. Calculate the Cash flows from operating activities for 2019. 26. Calculate the Cash flows from investing activities for 2019. 27 Calculate the cash flows from inancing act ties for 20Step by Step Solution
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