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Malibu Co reported the following Balance Sheets in 2018 and 2019. The company paid $1444 in dividend in 2019 and the depreciation expense was $1448.
Malibu Co reported the following Balance Sheets in 2018 and 2019. The company paid $1444 in dividend in 2019 and the depreciation expense was $1448. Balance Sheets 2018 2019 2018 2019 Accounts Cash 431 286 2720 2570 payable Accounts 2700 3055 Notes payable 1000 Receivable Total Current Liabilities 2820 2570 Inventory 3275 3850 Total Current 6406 7191 Assets Net fixed assets ? ? Long-term debt 7875 8100 Common stock 5060 5250 Retained earnings 1490 2060 Total assets Total 17245 17980 Liabilities+Equity Calculate Cash Flow from Investing Activities. Select one: O a. -1498 O O O o b.-1398 c. 1448 d. -1448 e. 50
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