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Paxton Corp Dec-15 Dec-16 Dec-15 Dec-16 $9,504 $10,512 Cash Accounts Receivable Inventory Current Assets Net Fixed Assets $13,320 $14,306 Accounts Payable 18,994 21,099 Notes Payable
Paxton Corp Dec-15 Dec-16 Dec-15 Dec-16 $9,504 $10,512 Cash Accounts Receivable Inventory Current Assets Net Fixed Assets $13,320 $14,306 Accounts Payable 18,994 21,099 Notes Payable $46,108 S58,159 Long Term Debt 14,508 16,466 13,794 22,754 Crrent Liabilities$24,012$26,978 $136,800 $152,000 $229,722 $285,492 $344,426 $406,311 Owners' Equity Total Assets$390,534 $464470 Total Liab& Eq. 390,534 $464 470 es Cost of goods sold Selling & Admin Depreciation EBIT Interest EBT Taxes Net Income Dividends 2016 $565,200 274,025 124,733 54,576 $111,866 19,296 92,570 48,137 $44,433 $9,600 Prepare a Statement of Cash Flows for Paxton Corp. whose financials are provided above. What do you conclude from the figures in the Sources & Uses of cash statement (question 1) or from the Cash Flow Statement (question 2)? (15 points)
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