Question: Current Accounts 2018: CA = 4,400; CL = 1,500 2017: CA = 3,500; CL = 1,200 Fixed Assets and Depreciation 2018: NFA = 3,400; 2014:
Current Accounts
2018: CA = 4,400; CL = 1,500
2017: CA = 3,500; CL = 1,200
Fixed Assets and Depreciation
2018: NFA = 3,400; 2014: NFA = 3,100
Depreciation Expense = 400
Long-term Debt and Equity (R.E. not given)
2018: LTD = 4,000; Common stock & APIC = 400
2017: LTD = 3,950; Common stock & APIC = 400
Income Statement
EBIT = 2,000; Taxes = 300
Interest Expense = 350; Dividends = 500
Compute the CFFA
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