Table 3.1 in Chapter 3 presents financial statements over the period 20142017 for R&E Supplies, Inc.

**ALL WORK MUST BE SHOWN**

1. Construct a sources and uses statement for the company over this period (one statement for all three years).

2. What insights, if any, does the sources and uses statement give you about the financial position of R&E Supplies?

ks/EGG9781260503180/cfi/6/281/4/2/14/16/16/2@0.0 eet Davenport University Login G Google How to create a succ The Differences bet TABLE 3.1 Financial Statements for R&E Supplies, Inc, December 31, 2014-2017 (S thousands) Prudential VGLI: Log Other bookma Income S 2016 2017 2015 $13,764 11.699 2,065 2014 $11,190 1,790 1,019 671 $16104 2,416 1,610 520,613 2,888 2267 Net sales Cost of goods sold Gross prot 1,239 General, selling, and administrative expenses Not interest experse Earnings before tax Earnings afer tax Balance Sheets Assets Current assets 671 1.119 3.147 $ 551 1,789 1,376 5 644 2.004 1,932 3 412 2,886 2267 Cash and securities Accounts receivable Prepaid expenses 5.583 4685 295 3,728 Net fxed assets $ 4090 Liabisties and Owners' Equity Current labilities $ 50 1,007 s 50 1.443 s so 2.428 $ 5o 3.212 100 Bank loan Current portion long-berrm debt Accrued wages 2.536 ,300 1,550 010 150 Total cuerent Sabiiies 1,122 Long-serm dect 150 Retained earnings Total Sabihes and owners eauty