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Please answer the following questions either by typing or copying the scan/image of your handwritten answers underneath each question. Please use the following table
Please answer the following questions either by typing or copying the scan/image of your handwritten answers underneath each question. Please use the following table for questions 1 and 2. 2019 2020 Sales 12,500 9,350 Depreciation 1,661 1,661 Cost of goods sold 2,979 4,707 Other expenses 946 824 Interest 776 776 Cash 6,067 6,466 Account receivable 8,034 9,427 Short-term notes payable 1,171 2,147 Long-term debt 20,320 24,696 Net fixed assets 50,888 54,273 Accounts payable Inventory 4,384 4,644 14,283 14,283 Dividends 1,411 1,411 Tax rate is 34% Q1) How much is the cash flow from assets for 2020? (10 Points)
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