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Using the balance sheet and Income statement below, calculate Cash Flow from Assets (CFFA). Please do not input the 'S' sign or commas. 2018 2019
Using the balance sheet and Income statement below, calculate Cash Flow from Assets (CFFA). Please do not input the 'S' sign or commas. 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 104 $ 160 Accounts payable $ 232 $ 266 Accounts receivable 455 688 Notes payable 196 123 Inventory 553 555 $ 428 $ 389 Total Total $1,112 $1,403 Fixed assets Net fixed assets $1,644 $1,709 Long-term debt $ 408 $ 454 Owners' equity Common stock and paid-in surplus 600 640 Retained earnings 1,320 1,629 Total $1,920 $2,269 Total assets $2,756 $3,112 Total liabilities and owners' equity $2,756 $3,112 $1,509 750 89 $ 670 70 Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes (21%) Net income Dividends Addition to retained earnings $ 600 126 $ 474 $165 309
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