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You are here required to compute Throttle Corporation's 2020 cash flow from operating activity; cash flow from investing activity; cash flow from financing activity. Place

You are here required to compute Throttle Corporation's 2020 cash flow from operating activity; cash flow from investing activity; cash flow from financing activity. Place your answer at the bottom of the page. Here below please find income statement, balance sheet and other additional information about the company:

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Additional information: Goodwill was impaired at the end of the year. A part of the equipment was sold for cash during the year. The bonds are repaid in yearly instalments. A cash dividend was declared; it was paid only in part during the year.

What is Throttle Corporation's 2020 cash flow from operating activity? What is Throttle Corporation's 2020 cash flow from financing activity? What is Throttle Corporation's 2020 cash flow from operating activity?

\begin{tabular}{|l|r|r|} \hline \multicolumn{1}{|c|}{ Balance sheet - ASSETS } & 2020 & 2019 \\ \hline Cash & 24 & 2 \\ \hline Inventory & 6 & 15 \\ \hline Account receivables & 4 & 8 \\ \hline Prepaid expenses & - & - \\ \hline Goodwill & 4 & 15 \\ \hline Land & 21 & 21 \\ \hline Equipment (net) & 18 & 24 \\ \hline TOTAL ASSETS & 77 & 85 \\ \hline \hline \end{tabular} \begin{tabular}{|l|r|r|} \hline Balance sheet - LIAB \& EQ & 2020 & 2019 \\ \hline Accounts payable & 11 & 17 \\ \hline Income tax payable & 10 & 8 \\ \hline Interest payable & 6 & 3 \\ \hline Dividends payable & 3 & - \\ \hline Bonds payable & 25 & 33 \\ \hline Retained earnings & 18 & 20 \\ \hline Common stock & 4 & 4 \\ \hline TOTAL LIAB+STOCK EQ & 77 & 85 \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline \multicolumn{2}{|c|}{ INCOME STATEMENT 2020 } \\ \hline Sales revenues \\ \hline COGS & 70 \\ \hline salaries and wages & -40 \\ \hline Interest expense & -12 \\ \hline Impairment loss & -5 \\ \hline Depreciation expense & -11 \\ \hline Gain on disposal of assets & -2 \\ \hline Income tax expense & 6 \\ \hline net income & -4 \\ \hline \hline \end{tabular}

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