Question: 17 Required answer the question selecting the right numbers in the bes Please note: algebraic sign is REQUIRED. Place before the number DO NOT LEAVE
17 Required answer the question selecting the right numbers in the bes Please note: algebraic sign is REQUIRED. Place before the number DO NOT LEAVE ANY BOX EMPTY You are here required to compuls Throttle Corporation's 2020 cash wring thing aty, cash flow from fingity Pe your Here below please find income statement, balance sheet and other anal nation about the company Balance sheet ASSETS 2020 2019 Balance sheet LIAB & EQ Cash 2020 2019 17 Accounts payable 11 17 Inventory 9 20 Income tax payable 10 Account receivables 4 B Warranty payable 9 12 Prepaid expense Dividends payable 1 Notes receivables 10 10 Interest payable 1 3 Available for sale securities 6 Bonds payable 27 30 Goodwill 15 16 Retained eamings 5 20 Land 10 10 Unrealized loss on AFS securities 22 Brands (net) 7 8 Additional paid-in capital 25 16 Equipment (net) 22 24 Common stock 5 TOTAL ASSETS 94 108 TOTAL LIAB STOCK EQ 94 108 INCOME STATEMENT 2020 Sales revenues 60 COGS 40 salaries and wages -121 Gain on sale of AFS securties Income tax expense net income Additional information An available for sale security, purchased during 2019, was sold in 2020 During 2020, the customers of the company returned some defective finished goods the company accounted a contingent habity in por years, and s 2020 to refund the customers cash The bond indenture provides for it to be repaid in yearly instalments Both a small stock dividend and a cash dividend were declared during the year. The cash dividend was paid only in part Throttle Corporations 2020 cash flow from operating activity: Eure The Corporation's 2020 cash flow bom moesting ivity Euro Throttle Corporations 2020 cash flow from financing activity: Euro Being Time 44 wines 46cds Question Campionatu Notes receivables 101 10 interest payable Available for sale securtes 0 Bonds payable 27 30 Goodwil 15 15 Retained eamings 20 Land 10 10 Unrealized loss on AFS secures Brands (net) 7 " Additional paid-in capital 25 10 Equipment (net) 22 24 Common stock + TOTAL ASSETS 94 108 TOTAL LIAB STOCK EQ 94 100 INCOME STATEMENT 2020 Sales revenues 60 COGS 40 salaries and wages -12 Interest revenue Interest expense Warranty expense - 2 Depreciation expense 2 Amortization expense Gain on sale of AFS securities 1 30 Income tax expense net income Additional information: An available for sale security, purchased during 2019, was sold in 2020. During 2020, the customers of the company returned some defective finished goods; the company accounted a contingent liability in prior years, and used (partially) that account in 2020 to refund the customers cash. The bond indenture provides for it to be repaid in yearly instalments Both a small stock dividend and a cash dividend were declared during the year. The cash dividend was paid only in part
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