Section 2 - 26 Marks) - Show Your Work 2. (9 Marks) In class I talked about "hidden cash flows"? What was I referring to? How are these relevant to our decision- making process? a. 1. (17 Marks) Using the following account information for VicBra Inc. find the values in the table below for 2020. b. What is the most common reason a business fails? Vic Bra Inc. 2019 Net Fixed Assets 63000 Long-Term Debt 35000 Sales 30450 Retained Eamings 24100 COGS 21300 Current Assets 14200 Common Stock 10500 Accounts Payable 5500 Depreciation Expense 3150 Notes Payable 2625 Interest Expense 1750 Dividends Paid 525 Tax Rate 40% 2020 59850 32390 34258 26700 24150 27590 12250 75001 3150 9390 c. What is the importance of CFFA? Why do we calculate it? 1750 790 40% Operating Cash Flow? Net Capital Spending? Change in Networking Capital? Cash Flow from Assets? Cash from Creditors? Cash Flow from Shareholders? Cash Flow from Assets