Question: Question 7 You are compiling some preliminary accounting data for the CFO of Simplistico Compania in preparation for their upcoming fiscal year end. You have

Question 7
You are compiling some preliminary accounting data for the CFO of Simplistico Compania in
preparation for their upcoming fiscal year end. You have obtained some complete financial
statement information, but you need to fill in some gaps. You have the following
information:
2021: Cash $65, Trade receivables $58, Inventory $36, PP&E $1,336
2022: Trade receivables $182, Inventory $389, PP&E $1,229, NCF Operating $585, NCF
Investing - $80, NCF Financing - $363
What Total Assets does Simplistico Compania have in 2022?(Hint: You need to calculate
Year 2022 cash by adjusting Year 2021 cash with recent cash flows. Use the Module 5
Toolkit if that helps.)
 Question 7 You are compiling some preliminary accounting data for the

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