Question: Please help. Question 2 Complete At year-end 2002, Yung.com had notes payable of $1200, accounts payable of $2400, and long- term debt of $4000. Corresponding

Please help.

Question 2 Complete At year-end 2002, Yung.com had notes payable of $1200, accounts payable of $2400, and long- term debt of $4000. Corresponding entries for 2003 are $1600, $2000, and $4000. Asset values Mark 0.00 out are below. During 2003, Yung.com had sales of $3000, cost of goods sold of $400, depreciation of 1.00 of $100, and interest paid of $150. The (average) tax rate is 21% and all taxes are paid currently. Flag question Current Asset 2002 2003 Cash $200 $400 Marketable securities 400 300 Accounts receivable 900 800 Inventory 1800 2000 Fixed Assets Net Fixed Asset $7000 $9000 (Plant&Equipment) In 2003, the Free Cash Flow (from Assets) is $ -1274 Question 3 At year-end 2002, Yung.com had notes payable of $1200, accounts payable of $2400, and long- Complete term debt of $3000. Corresponding entries for 2003 are $1600, $2000, and $2800. Asset values Mark 0.00 out

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