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Problem 2: In the space below, compile BFT Co.'s 2019 Statement of Cash Flow. Name Last First Use these to solve the four Consider the
Problem 2: In the space below, compile BFT Co.'s 2019 Statement of Cash Flow. Name Last First Use these to solve the four Consider the financial statements for BFT Co. provided below. (4) problems presented. BFT Co BFT Co. Balance Sheet Income Statement As of As of For the Year Ended 12/31/19 2018/12/31 2019/12/31 Assets Sales 2,000 Cost of goods sold 800 Cash 100 180 Gross profit 1,200 Accounts receivable 200 210 Inventory 300 310 Operating expenses Current assets 600 700 Accounts payable 200 250 Salaries 300 Accrued expenses 100 100 Occupancy 200 Short-term borrowing 300 320 Depreciation 100 Current liabilities 600 670 Utilities 60 Working capital 0 30 Insurance 30 Net fixed assets 1,600 1,700 Other 10 Total assets 1,600 1,730 Total operating expen 700 Capital 500 Problem 3: In the space below, compute BFT Co's 2019 free cash flow. 50 450 150 Long-term debt 600 Operating income Interest 500 Net income before ta Income tax 130 400 Net income after tax 700 1,230 Common stock Additional paid-in ca Retained earnings Total equity 300 100 300 600 1,000 Total capital 1,600 1,730 Problem 1: In the spaces below, show BFT Co's show four of BFT's 2019 levere Problem 4: In the space below, compute the length of BFT Co's 2019 operating cycle. Ratio name Ratio value Ratio name Ratio value
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