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What is the cash flow of the firm, or (CF(A)), for 2020? Net sales Cost of goods sold Selling, general, and administrative expenses Depreciation Earnings
What is the cash flow of the firm, or (CF(A)), for 2020? Net sales Cost of goods sold Selling, general, and administrative expenses Depreciation Earnings before interest and taxes Interest Pretax income Taxes Net income 63,000 24,000 5,000 3,700 30,300 1,300 29,000 9,000 20,000 Cash Accounts receivable Inventory Current assets 2019 17,000 18,000 10,500 45,500 2020 20,000 22,000 13,000 55,000 Accounts payable Accrued expenses Current liabilities Long-term debt 2019 14,500 26,000 40,500 54,000 2020 14,000 30,000 44,000 64,000 Net fixed assets Total assets 104,000 149,500 110,000 165,000 Owners' equity Total liabilities and equity 55,000 149,500 57,000 165,000
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