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Using the information below, calculate the 2020 Operating Cash Flow. 2020 2019 Cash $ 10,000.00 $ 8,000.00 Inventory $ 25,000.00 $ 5,000.00 Prepaid Expenses $
Using the information below, calculate the 2020 Operating Cash Flow.
| 2020 | 2019 | ||
| Cash | $ 10,000.00 | $ 8,000.00 | |
| Inventory | $ 25,000.00 | $ 5,000.00 | |
| Prepaid Expenses | $ 10,000.00 | $ 5,000.00 | |
| Property, Plant, and Equipment | $ 100,000.00 | $ 110,000.00 | |
| Goodwill | $ 25,000.00 | $ 25,000.00 | |
| Total Assets | $ 170,000.00 | $ 153,000.00 | |
| Accounts Payable | $ 5,000.00 | $ 10,000.00 | |
| Accruals | $ 15,000.00 | $ 8,500.00 | |
| Current Portion of Long Term Bonds Payable | $ 25,000.00 | $ 7,000.00 | |
| Long Term Bonds Payable | $ 50,000.00 | $ 60,000.00 | |
| Common Stock, Par | $ 1,000.00 | $ 1,000.00 | |
| Common Stock, Paid in Capital | $ 50,000.00 | $ 50,000.00 | |
| Retained Earnings | $ 24,000.00 | $ 16,500.00 | |
| Total Liabilities and Equity | $ 170,000.00 | $ 153,000.00 | |
| Sales | $ 250,000.00 | $ 130,000.00 | |
| COGS | $ 135,000.00 | $ 20,000.00 | |
| Gross Profit | $ 115,000.00 | $ 110,000.00 | |
| SG&A Expense | $ 50,000.00 | $ 40,000.00 | |
| Depreciation | $ 15,000.00 | $ 18,000.00 | |
| EBIT | $ 50,000.00 | $ 52,000.00 | |
| Interest Exp | $ 5,000.00 | $ 10,000.00 | |
| EBT | $ 45,000.00 | $ 42,000.00 | |
| Taxes | $ 9,450.00 | $ 8,820.00 | |
| NI | $ 35,550.00 | $ 33,180.00 |
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