Question 54 (3 points) The following statements are used for the next two questions on constructing statement of cash flow 2017 2016 Assets Cash and securities $6,300 $2,100 Accounts receivable 3,700 3,200 Inventories 8.000 Total current assets Gross fixed assets less: Cumulated depreciation Net fixed assets Total assets $18,000 $ 30,000 11,000 19.000 $37,000 8.000 513 300 17.000 2,000 15,000 $28,300 Liabilities and Equities Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Common stock Retained earnings Total liabilities and equity 3.500 7,000 2.500 13,000 5,000 10,000 9.000 37,000 3.100 7,000 2.200 12300 3,120 10,000 2.880 28,300 Income Statement Millions of S) in Year 2017 Net sales $48.000 Cost of goods sold 521.000 Gross profit $27,000 Operating costs except depreciation 7,000 Depreciation 2.000 Earnings of interest and taxes (EBIT) $11,000 Interest expense SOO Earnings before taxes (EBT) $10,200 Taxes $2.550 Net income $7,650 - Income Statement (Millions of $) in Year 2017 Net sales $48,000 Cost of goods sold $21,000 Gross profit $27,000 Operating costs except depreciation 7,000 Depreciation 2.000 Earnings of interest and taxes (EBIT) $11,000 Interest expense 800 Earnings before taxes (EBT) $10,200 Taxes $2.550 Net income $7,650 [Statement of Cash Flow Calculation 1]: What is the value of net cash flow from operating activities? To get full credit, you must show the account names and their values used in each of following calculations) Page 54 of Previous Page Next Page Question 55 (3 points) [Statement of Cash Flow Calculation 2]: What is the value of net cash flow from investing activities? Previous Page Next Page Page 55 Question 33 (2 points) Among various types of small business, is growth-driven and performance- oriented. It accompanies with rapid business expansion and value creation over time. a) salary-replacement firms b) lifestyle firms O c) entrepreneurial ventures d) salary-replacement firms and lifestyle firms n