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There are no choices for this question Which account represent the source of cash activity? Freeman inc. reported the following financial statements for the last
There are no choices for this question
Which account represent the source of cash activity? Freeman inc. reported the following financial statements for the last two years. Freeman, INC 2019 Income statement Sales Cos of goods sold Selling and administrative Depreciation EBIT 809,200 323,110 153,400 96,343 Interest EBT 236,347.00 53,220 Taxes Netlacome Dividends Addition to retained earings 183,127.00 36,625 2 2 128,302 Freeman, INC Balance Sheet as of December 31 2019 2018 2019 16,302 18,143 Account receivables 16,849 19,527 Inventory 23.875 28,614 Current 57,026 66,284 Ne facesses 415289 498 312 Totalsts 472315 564,596 Account payable 29 342 32,978 Long-tere debe 165300 179,400 Outils equity Toallabies and owner's 472315 564.596Step by Step Solution
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