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PROBLEM 1: {24 marks} Provided below the Statement of Comprehensive inoome Statement of Financial position for Rest & Restore Inc. for scal year ending 2.020

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PROBLEM 1: {24 marks} Provided below the Statement of Comprehensive inoome Statement of Financial position for Rest & Restore Inc. for scal year ending 2.020 and 2019'. Based on the information provided in the statements, answer the questions that follow. Ree a; Restore, Inc. 2020 Statement of Comprehensive Income Net sales $8,269 Cost of goods sold $6,123 Depreciation $1,364 Earnings before interest and taxes 31,27? Interest paid $730 Taxable income $54? Taxes $186 Net meome $361 Dividends paid 33? Addition to retaimd earnings .5? Rest 3; Restore, Inc. Statement of Financial position eoember 31, 21019 and 2020 2019 2020 21019 2020 Cash $1,423 $965 Accounts payable $1,007 $2,251 Aceotmts reo $2,] 96 $2,394 Notes payable $2,1 00 $1,350 Inventory $1,543 $1,650 Total 313,1 0? $4,101 Total $5,152 $5,509 Long-term debt $3,570 $1230 Net xed assets $21,300 $22,253 Common stock $7,200 $9,200 Retained earnings $7,485 $7,636 Total assets $25,462 $23,203r Total liabilities $26,462 $23,267 and Owner's equity Number of shares of common stock outstanding 100 What is the amount of the dividends paid per share? (4pm) 'What is the amount of the earnings per share? (2pm) 'What is the amount ofnoncash items for 2020? (lpts) What is the net walking capital for 2020'? (2pts} 'What is the average tax rate for 2020'? (2pm) 'What is the operating cash ow for the year 2020? (3pts) What is the cash ow from assets (CFFA) for 2020? [4pts) 11. 'What is the cash owto creditors for 2020? {21:05) terms-PP\"? J L i. What is the cash owto stockholders for 2020? (2pm) j. Does the Cash Flow Identity hold? Provide proof. (2pm)

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