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Make sure the formatting is nice and easy to understand. Based on the following financial information for Burrito Boy determine a Balance Sheet and Income
Make sure the formatting is nice and easy to understand.
Based on the following financial information for Burrito Boy determine a Balance Sheet and Income Statement for both 2018 1nd 2109. For 2019 determine the Cash Flows from the firm and determine where those cash flows went. As a reminder, cash flows from the firm should include operating cash flow, cash flow from assets, and changes in working capital. 2018 2019 Sales $ 9,308 $ 10,444 Depreciation $ 1,337 $ 1,398 Cost of goods sold $ 3,203 $ 3,801 Other expenses $ 759 $ 664 "Interest $ 624 $ 750 Cash $ 4,882 $ 6,463 Accounts receivable $ 5,361 $ 7,610 Short-term notes payable $ 2,044 $ 927 Long-term debt $ 15,991 $ 19,934 Net fixed assets $ 40,932 $ 44,906 Accounts payable $ 5,127 $5,198 Inventory $11.488 $ 12,343 Dividends $ 1,135 $ 1,305 Tax rate 21% 21%Step by Step Solution
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