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Use the following financial statements for QRSInc., to answer items #20-22. Balance Sheet Assets Liabilities & Equity 20182$75 2017 $100 400 500 1,000 2,000 2017

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Use the following financial statements for QRSInc., to answer items #20-22. Balance Sheet Assets Liabilities & Equity 20182$75 2017 $100 400 500 1,000 2,000 2017 2018 Cash A/R Inventory Net Fixed Assets TA $105 390 475 1,100 2,070 $75 450 575 900 2,000 289 575 1131 SE Accruals LT Debt 2,070 TL &E Income Stmt. Sales - COGS 2018 $3,000 - 2,000 250 750 - 50 700 - 238 462 . 231 231 DEPN EBIT - INT EBT Taxes NI -DIV RE 20. Calculate 2018's Cash Flow from Assets. $762 $281 c. $231 d. $350 e. $131 70 762

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