Use the following financial statements and calculate: (a) cash flow from assets (3 MARKS) b) Change...

 

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Use the following financial statements and calculate: (a) cash flow from assets (3 MARKS) b) Change in NWC (1 MARK) c) Net capital spending (1 MARK) Balance sheet as of Dec 31, 2019 Cash Accounts $8,676 Accounts payable $6,269 receivable 11,488 Notes payable 1,674 Inventory 20,424 Current liabilities $7,943 Current assets $40,588 Long-term debt $29,060 Net fixed assets $72,770 Owners' equity $76,355 Total assets $113,358 Total liab. & equity $113,358 Balance sheet as of Dec. 31, 2020 Cash $9,247 Accounts payable $6.640 Accounts receivable 13,482 Notes payable 1.641 Inventory 21,862 Current liabilities $8.2811 Current assets $44,5911 Long-term debt $35,229 Net fixed assets $77,610 Owners' equity $78.691 Total assets $122.201 Total liab. & equity $122.201 Use the following financial statements and calculate: (a) cash flow from assets (3 MARKS) b) Change in NWC (1 MARK) c) Net capital spending (1 MARK) Balance sheet as of Dec 31, 2019 Cash Accounts $8,676 Accounts payable $6,269 receivable 11,488 Notes payable 1,674 Inventory 20,424 Current liabilities $7,943 Current assets $40,588 Long-term debt $29,060 Net fixed assets $72,770 Owners' equity $76,355 Total assets $113,358 Total liab. & equity $113,358 Balance sheet as of Dec. 31, 2020 Cash $9,247 Accounts payable $6.640 Accounts receivable 13,482 Notes payable 1.641 Inventory 21,862 Current liabilities $8.2811 Current assets $44,5911 Long-term debt $35,229 Net fixed assets $77,610 Owners' equity $78.691 Total assets $122.201 Total liab. & equity $122.201

Answer rating: 100% (QA)

a Calculating the cash flow from assets Cash Flow from Assets Operating Cash Flow Net Capital Spendi... View the full answer