Using the information in the financial statement above, identity the factors affecting a firms, inc.'s change in cash between the two years. Calculate the change in cash based on your analysis. Use this template below.

Does your calculated change in cash agree with the actual change in cash as reported in the firms inc.'s balance sheet? Explain.

A Firm, Inc A Firm, Inc Income Statement Balance Sheet As of 12/31/2016 FYE 2016 and 2015 2016 900 Cost of Goods Sold Current Assets: 300 Depreciation Cash 150 50 200 Genl. & Admin. Exp. Accounts Receivable 150 200 400 EBIT 500 400 Inventory 800 650 Total 50 Interest Expense Taxable income 350 Fixed Assets 3,800 3,500 Plant and Equipment 100 (1,300) (1,000) Az UU ncome Tax Expense Accumulated Depreciation 250 Net Income 2.500 U Net Plant and Equipment 2,500 3,150 AD 3,300 Total Assets 50 Dividends Paid Additions to Ret. Erns 200 Current Liablities: 350 400 Accounts Payable 350 400 Total Current Liabilities 1,100 900 Long term Debt 1,450 50 Total Liabilities 1,300 Owners Equity Common Stock and Paid in Surplus 600 500 1,200 1,400 Retained Earnings 1,700 2,000 Total O/E 3,150 3,300 Total Liabilities and O/E