Question: 4. Compute the CFFA as given the following information. Current Accounts 2020: CA = 4,200; CL = 2,000 2019: CA = 3,000; CL = 1,500
4. Compute the CFFA as given the following information.
Current Accounts
2020: CA = 4,200; CL = 2,000
2019: CA = 3,000; CL = 1,500
Fixed Assets and Depreciation
2020: NFA = 4,500; 2019: NFA = 4,000
Depreciation Expense = 450
Long-term Debt and Equity
2020: LTD = 3,700; Common stock = 600
2019: LTD = 3,500; Common stock = 500
Income Statement
EBIT = 2,500; Taxes = 400
Interest Expense = 550; Dividends = 650
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