Question: PROBLEMS-Solve the following. Show your work! I. (16 points) Identify the sources and uses of cash for Blackhurst Corporation for 2017 based on the following

PROBLEMS-Solve the following. Show your work! I. (16 points) Identify the sources and uses of cash for Blackhurst Corporation for 2017 based on the following year-end balance sheets. 2016 2017 ASSETS Cash Accounts Receivable Inventory Net Fixed Assets 60 150 200 300 710 45 225 180 360 810 Total Assets LIABILITIES & EQUITY 140 270 350 400 Total Liab. & Equity 710 810 Bank Loan Long-term Debt Equity 80 280

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