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Need Help on these questions, Please. Thanks! USE THE FOLLOWING INFORMATION TO FILL IN THE BALANCE SHEET BELOW TO ANSWER QUESTIONS 31 through 34 60

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USE THE FOLLOWING INFORMATION TO FILL IN THE BALANCE SHEET BELOW TO ANSWER QUESTIONS 31 through 34 60 Number of shares outstanding Sales Gross profit margin Inventory turnover ratio Notes payable Net profit margin Return on assets 15,000 $200,000 20% 4 $10,000 15% 7.5% Average collection period (days) Accounts payable days Retained earnings (2018) Dividend payout ratio Accruals Current ratio Debt ratio 90 $23,700 80% $5,000 1.5 40% Note: Of total sales, 60 percent are on credit and the remainder are cash sales. Assume a 360-day year. All data in the table above, unless otherwise stated, is for the year 2019. Hodun, Inc. Balance Sheet for the Year Ending December 31, 2019 Cash Notes payable Accounts receivable Accounts payable Inventory Accruals Net fixed assets Long-term debt Total assets Common stock ($2 par value) Capital surplus Retained earnings Total liab. & equity 31. Cash = 32. Long-term debt = 33. Total assets = 34. Capital surplus = USE THE INFORMATION BELOW TO ANSWER THE FOLLOWING 3 QUESTIONS Proxelo, Inc. Balance Sheets For the Years Ending December 31, 2019 1,560 4,110 8,760 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 14,430 64,570 (12,150) ,420 10,000 76,850 1,000 2,260 1,570 470 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 5,300 37,750 1,000 4,800 14,520 63,370 900 4,030 1,710 880 7,520 36,850 2,500 10,660 19,320 76,850 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 financing activities for 2019

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