USE THE DATA IN THE TABLE BELOW TO ANSWER QUESTIONS 19 24

(Assume all account figures are in dollars)

	2014		2015
Accounts payable	440		380
Accounts receivable, net	1,810		2,040
Accruals	95		120
Cash	120		90
Common stock	2,120		2,380
Cost of goods sold	6,610		6,420
Depreciation expense	1,560		1,630
Interest expense	140		170
Inventory (end of year)	5,720		5,530
Long-term debt	3,890		4,150
Net fixed assets	7,530		8,050
Net sales	10,750		11,650
Notes payable	800		740
Operating expenses (excluding depreciation)	1,680		1,780
Retained earnings	7,835		7,940
Taxes	260		380

19) This companys gross profit margin (as a percent rounded to 1 decimal place) in 2014 was ________.

20) Assume that this is a retail company. If the company purchased products that it sold in 2015 for $5.00 per unit, how many units did the company purchase in 2015?

21) ROE for 2015 is _____%.

22) Cash flow from operating activities in 2015 is $ _______.

23) Cash flow from investing activities in 2015 is $ _________.

24) Cash flow from financing activities in 2015 is $ _________.