Question: Attempt NaN Mit Using info below, what is the net cash flow for Fox's 2020 SCFs Investing activities? 2020 Income Stmt BS Assets 12/31/20 12/31/20
Attempt NaN Mit Using info below, what is the net cash flow for Fox's 2020 SCFs Investing activities? 2020 Income Stmt BS Assets 12/31/20 12/31/20 12/31/19 Sales: $900,000 Cash: $ 12.000 $ 12.000 $ 80,000 CGS: (350,000) Accts Rec: 124.000 8,000 12.000 Gross Profit $550,000 AFS Secs 70,000 BS Liabs 12/31/19 & SE Accts $ 14,000 Payable: Taxes 102,000 Payable: 36,000 Divs Payable: Wages 120,000 Payable: Interest 8,000 Payable Notes 180,000 Payable: 16,000 20,000 Op. Exp (240.000) Inventory: 80,000 16.000 8,000 Gain Equip: 5.000 Prepaid Rent: 10,000 2.000 Interest Rev: 3,000 Land: 250,000 120,000 138,000 Interest Exp: (6,000) Equipment: 180,000 260,000 Commen 16.000 15,000 Pre-Tax NI: Accum $312.000 Depr (70,000) (50,000) 160.000 147.000 Stock: Additional PIC: Retained Earnings: Totals: Income Tax (80,000) Patents: 94,000 100,000 400,000 350,000 NI: $232,000 Totals: $750,000 $770,000 $750,000 $770,000
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