Question: USE THE DATA IN THE TABLE BELOW TO ANSWER QUESTIONS 34-40 Lexmark Productions, LLC. (Assume all account figures are in dollars) 2019 2020 Accounts payable

USE THE DATA IN THE TABLE BELOW TO ANSWER QUESTIONS 34-40 Lexmark Productions, LLC. (Assume all account figures are in dollars) 2019 2020 Accounts payable 480 350 Accounts receivable, net 1,810 2,040 Accruals 95 120 Cash 120 90 Common stock 2,120 2,380 Cost of goods sold 6,980 7,690 Depreciation expense 1,560 1,680 Interest expense 140 170 Inventory (end of year) 5,720 5,530 Long-term debt 3,900 4,140 Net fixed assets 7,580 7,930 Net sales 11,040 12,400 Notes payable 800 680 Operating expenses (excluding depreciation) 1,680 1,780 Retained earnings 7,835 7,920 Taxes 260 380 1 34. Cash flow from operating activities in 2020 is $ 35. Cash flow from investing activities in 2020 is $ 36. Cash flow from financing activities in 2020 is $_
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
