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There is a set of 35 questions so I show 6 questions in this post. Thank you! Question 18: Operating CA (Current Assets) in 2016
There is a set of 35 questions so I show 6 questions in this post. Thank you!
Question 18: Operating CA (Current Assets) in 2016
Question 19: Operating CA (Current Assets) in 2017
Question 20: Operating CA (Current Assets) in 2018
Question 21: Operating CL (Current Liabilities) in 2016
Question 22: Operating CL (Current Liabilities) in 2017
Question 23: Operating CL (Current Liabilities) in 2018
\begin{tabular}{|lcccc|} \hline & & & & \\ & Income statement & 2016 & 2017 & 2018 \\ \hline Sales & 5510 & 6040 & 6530 \\ \hline Cost of goods sold & 4542 & 5051 & 5366 \\ \hline SG\&A expense & 425 & 435 & 485 \\ \hline Depreciation & 82 & 74 & 69 \\ \hline Interest expense & 65 & 42 & 53 \\ \hline Interest income & ??? & ??? & ??? \\ \hline Income before taxes & ??? & ??? & ??? \\ \hline Income tax & 240 & 264 & 336 \\ \hline Net Income/(loss) & 4 & 3 \\ \hline \end{tabular}Step by Step Solution
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