Question: Section 2 - (23 Marks) - Show Your Work Answer all the questions in the space provided. 1. (17 Marks) Using the following information calculate

Section 2 - (23 Marks) - Show Your Work Answer all the questions in the space provided. 1. (17 Marks) Using the following information calculate Marketing Inc's 2021 Cash Flow from Assets both ways. 2021 4800 10730 27600 14000 Marketing Inc. 2020 Accounts Receivables 3000 Cash 3000 COGS 24300 Common Stock 12000 Current Liabilities 10800 Depreciation Expense 3600 Dividends Paid 600 Interest Expense 2000 Inventory 12300 Long-Term Debt 40000 Net Fixed Assets 72000 Retained Earnings 27500 Sales 34800 Tax Rate 40% 13200 3600 900 1850 10800 37000 68400 30530 39600 40% 2. (6 Marks) a. Why are a company's cash flows often considered more important than its profit? b. Explain what is meant by "hidden cash flows"? c. Can Cash Flow to Creditors be negative? Explain Section 2 - (23 Marks) - Show Your Work Answer all the questions in the space provided. 1. (17 Marks) Using the following information calculate Marketing Inc's 2021 Cash Flow from Assets both ways. 2021 4800 10730 27600 14000 Marketing Inc. 2020 Accounts Receivables 3000 Cash 3000 COGS 24300 Common Stock 12000 Current Liabilities 10800 Depreciation Expense 3600 Dividends Paid 600 Interest Expense 2000 Inventory 12300 Long-Term Debt 40000 Net Fixed Assets 72000 Retained Earnings 27500 Sales 34800 Tax Rate 40% 13200 3600 900 1850 10800 37000 68400 30530 39600 40% 2. (6 Marks) a. Why are a company's cash flows often considered more important than its profit? b. Explain what is meant by "hidden cash flows"? c. Can Cash Flow to Creditors be negative? Explain
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