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You The accompanying tables show Dynamic Mattress's balance sheet and income statement for the year 2020 and 2021. Year-end Balance sheet for Dynamic Mattress Company

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You The accompanying tables show Dynamic Mattress's balance sheet and income statement for the year 2020 and 2021. Year-end Balance sheet for Dynamic Mattress Company Assets 2020 2021 Liabilities & Shareholder 2020 2021 Equity Current assets Current liabilities Cash $4 $ 5 Bank (short term loans $ 5 $0 Marketable securities 5 Accounts payable 27 Inventory 26 25 Total current liabilities $25 $27 Accounts Receivable 25 30 Long term debt 5 12 Total current assets $ 55 $ 65 Net worth (equity) $65 Fixed assets 5 O 20 $76 Gross investment $56 $70 16 Less Depreciation Net Fixed assets 20 $ 40 $50 Total Liabilities and Owners Total assets $95 $115 Equity $95 $115 Income statement for Dynamic Mattress Company, 2021 Sales $ 350 Operating costs 321 Depreciation EBIT 25 4 Interest 1 Pretax income 24 Tax at 50 percent 12 Net income $ 12 Moodle SUC You we logged in Income statement for Dynam Mama Sale 5350 Doring costs 321 Depreciation EBIT 4 come ta Ne home Niche Dividend 51 Recursos operating cash flow V HH SC 2014 MacBook Air ese *1 8: 2 DO 1 ! 1 Ne $ A W& 1 Y $ 4 E % 50 & 7 V 6 1 .00 N 9 0 m 0 R QW- us T 2 Y I 3 1.10 . E a A

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