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RITTER CORPORATION Income Statement 2020 Revenue $ 1,045 Expenses 715 Depreciation 65 EBT $ 265 Taxes 106 Net income $ 159 Dividends $ 23 RITTER
RITTER CORPORATION | ||
Income Statement | ||
2020 | ||
Revenue | $ | 1,045 |
Expenses | 715 | |
Depreciation | 65 | |
EBT | $ | 265 |
Taxes | 106 | |
Net income | $ | 159 |
Dividends | $ | 23 |
RITTER CORPORATION | |||||
Balance Sheets | |||||
December 31 | |||||
2019 | 2020 | ||||
Assets | |||||
Cash | $ | 68 | $ | 85 | |
Other current assets | 216 | 265 | |||
Net fixed assets | 670 | 819 | |||
Total assets | $ | 954 | $ | 1,169 | |
Liabilities and Equity | |||||
Accounts payable | $ | 268 | $ | 282 | |
Long-term debt | 0 | 65 | |||
Stockholders equity | 686 | 822 | |||
Total liabilities and equity | $ | 954 | $ | 1,169 | |
Determine the cash flow generated by the firms assets during the year 2020. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations.)
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