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USE THE FOLLOWING DATA TO ANSWER QUESTIONS 35-40 Annual income Statements 2018 524,600 ???? Sales COGS Gross profit Oper. exp Depreciation Operating profit Interest exp

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USE THE FOLLOWING DATA TO ANSWER QUESTIONS 35-40 Annual income Statements 2018 524,600 ???? Sales COGS Gross profit Oper. exp Depreciation Operating profit Interest exp EBT Taxes Net Income 381,000 234,200 15,000 131,800 9,500 122,300 34,910 87,390 2019 562,000 149.600 412,400 251,100 16,610 144,690 10,600 134,090 42,880 91,210 Cash Accounts receivable Inventories Current Assets Net fixed assets Land Total Assets Annual Balance Sheets 2018 440,200 278,400 293,500 1,012,100 1,125,000 100,200 2,237,300 2019 475,800 248,900 317,500 1,042,200 ??? 126,000 2,357,400 Notes payable Accounts payable Accruals Current portion of long-term debt Current Liabilities Long-term deb Common stock ($0.25 par) Additional paid in capital Retained earnings Total Liabilities & Equity 250,000 110,200 12,900 100,200 473,300 1,000,000 25,000 500,000 239,000 2,237,300 178,000 118,500 16,100 195, 100 507,700 900,000 28,900 612,100 308,700 2,357,400 35. Net fixed assets in 2019 were $ 36. COGS in 2018 was S 37. The debt ratio for 2019 was % 38. Cash flow from operating activities in 2019 was $ 39. Cash flow from investing activities in 2019 was $ 40. Cash flow from financing activities in 2019 was $

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