Question: USE THE DATA IN THE TABLE BELOW TO ANSWER QUESTIONS 19 - 24 (Assume all account figures are in dollars) 2018 2019 Accounts payable 710

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

(Assume all account figures are in dollars)

2018

2019

Accounts payable

710

660

Accounts receivable, net

2,450

2,620

Accruals

140

Cash

???

Capital surplus

1,260

1,620

Common stock

990

1,120

Cost of goods sold

7,190

7,630

Depreciation expense

1,610

1,730

Interest expense

240

210

Inventory (end of year)

5,110

4,960

Long-term debt

6,320

6,130

Net fixed assets

9,390

9,860

Net sales

12,830

13,950

Notes payable

800

730

Operating expenses (excluding depreciation)

2,310

2,530

Retained earnings

8,210

8,430

Taxes

350

460

19. This company's cash balance on the 2018 balance sheet was ________.

20. The total asset turnover ratio for this company in 2019 = _______.

21. ROE for 2019 is _____%.

22. Cash flow from operating activities in 2019 is $ _______.

23. Cash flow from investing activities in 2019 is $ _________.

24. Cash flow from financing activities in 2019 is $ _________.

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