Compute the CFFA in two different ways Balance sheet: Current Accounts -2009: CA = 4,400; CL =

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Compute the CFFA in two different ways

Balance sheet:

Current Accounts

-2009: CA = 4,400; CL = 1,500

-2008: CA = 3,500; CL = 1,200

Fixed Assets and Depreciation

-2009: NFA = 3,400; 2008: NFA = 3,100

-Depreciation Expense = 400

Long-term Debt and Equity (R.E. not given)

-2009: LTD = 4,000; Common stock & APIC = 400

-2008: LTD = 3,950; Common stock & APIC = 400

Income Statement

-EBIT = 2,000; Taxes = 300

-Interest Expense = 350; Dividends = 500

Related Book For answer-question

Financial ACCT2

ISBN: 978-1111530761

2nd edition

Authors: Norman H. Godwin, C. Wayne Alderman

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Posted Date: Mar 08, 2024 02:57 AM

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Compute the CFFA in two different ways Balance sheet: Current Accounts -2009: CA = 4,400; CL =

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