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what is the cash flows from investing activities? begin{tabular}{|l|l|l|} hline BalanceSheet(thousandsofdollars) & multicolumn{1}{|c|}{2019} & multicolumn{1}{|c|}{2018} hline ASSETS & & hline Cash & $12,345
what is the cash flows from investing activities?
\begin{tabular}{|l|l|l|} \hline BalanceSheet(thousandsofdollars) & \multicolumn{1}{|c|}{2019} & \multicolumn{1}{|c|}{2018} \\ \hline ASSETS & & \\ \hline Cash & $12,345 & $10,840 \\ \hline Accounts Receivable & $6,840 & $4,520 \\ \hline Inventory & $28,500 & $24,300 \\ \hline Total Current Assets & $47,685 & $39,660 \\ \hline Net Fixed Assets & $157,900 & $157,900 \\ \hline Total Assets & $205,585 & $197,560 \\ \hline & & \\ \hline LIABILITIES \& EQUITY & & \\ \hline Accruals & $12,800 & $10,480 \\ \hline Accounts Payable & $43,200 & $45,250 \\ \hline Notes Payable & $16,000 & $12,080 \\ \hline Total Current Liabilities & $72,000 & $67,810 \\ \hline Long Term Debt & $40,500 & $30,045 \\ \hline Total Liabilities & $112,500 & $97,855 \\ \hline Common Stock & $70,000 & $80,000 \\ \hline Retained Earnings & $23,085 & $19,705 \\ \hline Total Common Equity & $93,085 & $99,705 \\ \hline TotalLiabilities&Equity & $205,585 & $197,560 \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline IncomeStatement(thousandsofdollars) & 2019 \\ \hline Sales & $540,285 \\ \hline OperatingExpenses & $480,600 \\ \hline D\&A & $12,000 \\ \hline Interest & $4,000 \\ \hline Taxes(20%) & $8,373 \\ \hline NI & $34,948 \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline BalanceSheet(thousandsofdollars) & \multicolumn{1}{|c|}{2019} & \multicolumn{1}{|c|}{2018} \\ \hline ASSETS & & \\ \hline Cash & $12,345 & $10,840 \\ \hline Accounts Receivable & $6,840 & $4,520 \\ \hline Inventory & $28,500 & $24,300 \\ \hline Total Current Assets & $47,685 & $39,660 \\ \hline Net Fixed Assets & $157,900 & $157,900 \\ \hline Total Assets & $205,585 & $197,560 \\ \hline & & \\ \hline LIABILITIES \& EQUITY & & \\ \hline Accruals & $12,800 & $10,480 \\ \hline Accounts Payable & $43,200 & $45,250 \\ \hline Notes Payable & $16,000 & $12,080 \\ \hline Total Current Liabilities & $72,000 & $67,810 \\ \hline Long Term Debt & $40,500 & $30,045 \\ \hline Total Liabilities & $112,500 & $97,855 \\ \hline Common Stock & $70,000 & $80,000 \\ \hline Retained Earnings & $23,085 & $19,705 \\ \hline Total Common Equity & $93,085 & $99,705 \\ \hline TotalLiabilities&Equity & $205,585 & $197,560 \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline IncomeStatement(thousandsofdollars) & 2019 \\ \hline Sales & $540,285 \\ \hline OperatingExpenses & $480,600 \\ \hline D\&A & $12,000 \\ \hline Interest & $4,000 \\ \hline Taxes(20%) & $8,373 \\ \hline NI & $34,948 \\ \hline \end{tabular}Step by Step Solution
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