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need answer fast Consider the following information for XYZ Company: Partial Balance Sheet XYZ Company December 31, 2019 and 2018 2019 Cash $ 17,000 Accounts
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Consider the following information for XYZ Company: Partial Balance Sheet XYZ Company December 31, 2019 and 2018 2019 Cash $ 17,000 Accounts receivable, net 92,000 Accounts payable 49,000 Income taxes payable 15.000 Accrued liabilities 6,000 Bonds payable ($15,000 due at 12/31/19) 115,000 Common stock 106,000 Retained earnings 70,000 2018 $ 28,000 70,000 44,000 4,000 5,000 20.000 96,000 50,000 Additional information for year ended December 31, 2019: Net income is $89,000. Net cash used by investing activities is ($160.000). Net cash provided by financing activities is $116,000. Net cash flow from operating activities is $23.000. The only changes affecting retained earnings are net income and cash dividends paid. Operating cash flow total debt for 2019 is B. 13.53% OC 9.789 O D. 12.43%Step by Step Solution
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