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Part 1 What was the cash flow in ( 2 0 2 3 ? ) Intro Below is the balance sheet for Rumble
Part What was the cash flow in
Intro Below is the balance sheet for Rumble Clock Inc. for December 31 of 2022 and 2023. Cash Accounts receivable Inventory Current assets Net fixed assets Total assets 2022 900 2,700 2,700 6,300 11,700 2023 1,100 3,300 3,300 7,700 14,300 18,000 22,000 Accounts payable Current liabilities Long-term debt Total liabilities Equity Total liab. & equity 2022 2,700 2,700 5,400 8,100 9,900 18,000 2023 3,300 3,300 6,600 9,900 12,100 22,000 The income statement for 2023 is also given: Sales Cost Depreciation EBIT Interest Taxes (25%) Net income Amount 52,800 29,040 7,920 15,840 5,280 2,640 7,920
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