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please be specific on the math A2 X fx Income Statement for the Maitz Company for 2013 D E F H K Income Statement for

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A2 X fx Income Statement for the Maitz Company for 2013 D E F H K Income Statement for the Maite Company for 2013 Balance Sheets for the Maite Company for 2012 and 2013 Debt (Liabilities) and Equity 2 3 Sales $175.000 Assets 2012 2013 Cost of goods $105,000 sold Current debt Account S payable Accruals Current assets $10,000 512.000 Gross profits $70,000 Cash 58.000 $10,000 57,000 58,000 Accounts receivable 515,000 520,000 $5,000 55,000 Operating expenses 6 7 Depreciation Short- term potes Total current 55.000 Inventory 522.000 $25,000 522,000 525.000 Administrativ e expenses 520,000 Total current assets $45,000 555,000 Long- term debt 515,000 515,000 a Selling 1 expenses 526,000 Fixed assets Total debt 537,000 540,000 + Total operating expenses 351,000 Gross fixed assets $50,000 555,000 Equity 555,000 560,000 Operating profits $19,000 Accumulated depreciation $15,000 520,000 TOTAL DEBT AND 592,000 $100,000 11 Interest expense 53,000 Net fised ASSES $35.000 535,000 Profits before takes 516,000 Other assets $12,000 $10,000 TOTAL ASSETS 592,000 $100,000 58,000 S8,000 14 Taxes 5 Net profits 18 1. Given the information provided by the financial statements, what would you tell Abrahams? (As part of your answer, calculate the firm's cash flows) T/ 2. How would you describe the cash flow pattern for the Maitz Company 19 Sheet1 Ready

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