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The following financial statements are for Target FY2021 and FY2020. Calculate the cash flow from assets (CFA). Income Statement Balance Sheet FY2021 FY2021 FY2020 Sales

  1. The following financial statements are for Target FY2021 and FY2020. Calculate the cash flow from assets (CFA).

    Income Statement Balance Sheet
    FY2021 FY2021 FY2020
    Sales 106,005 Cash 5911 8511
    COGS 74,963 Inventory 13902 10653
    SGA 19,752 Other Current Assets 1760 1592
    Deprec. 2,344 Total Current Assets 21573 20756
    EBIT 8,946 Net PPE 32238 30492
    Interest Expense 39 Total Assets 53811 51248
    EBT 8,907
    Taxes 1,961 Accounts Payable 15478 12859
    Net Income 6,946 Other CL 6098 6122
    Current portion of LTD 171 1144
    Dividends 8,648 Total CL 21747 20125
    Long-term Debt 19,237 16,683
    Total Liab. 40984 36808
    Common Stock 6460 6371
    Retained Earnings 6367 8069
    Total Equity 12827 14440
    Total L and E 53811 51248

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