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please do it in 25 minutes please urgently... I'll give you up thumb definitely Use the below information to calculate the cash flow from operating
please do it in 25 minutes please urgently... I'll give you up thumb definitely
Use the below information to calculate the cash flow from operating activities. Income Statement For the Year Net sales $631,000 COGS 442.220 Depreciation 28,100 EBIT $160,700 Interest 14.900 Taxable income $145,800 Taxes 49,600 Net income 96,200 Balance Sheet Balance Sheet Beginning of End of Year Year Cash $ 38,200 $43.700 Accounts receivable 91,400 86,150 Inventory 203.900 214,600 Net fixed assets 516,100 537.950 Total assets 849,600 $882,400 Accounts payable $136,100 104,300 Long-term debt 329.500 298.200 Common stock ($1 par value) 75.000 82.000 Retained earnings 309,000 397.900 Total Liab. & Equity $849.600 882.400Step by Step Solution
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