Question: Using the information below, calculate the 2020 Operating Cash Flow. 2020 2019 Cash $ 10,000.00 $ 8,000.00 Inventory $ 25,000.00 $ 5,000.00 Prepaid Expenses $

Using the information below, calculate the 2020 Operating Cash Flow.

2020 2019
Cash $ 10,000.00 $ 8,000.00
Inventory $ 25,000.00 $ 5,000.00
Prepaid Expenses $ 10,000.00 $ 5,000.00
Property, Plant, and Equipment $ 100,000.00 $ 110,000.00
Goodwill $ 25,000.00 $ 25,000.00
Total Assets $ 170,000.00 $ 153,000.00
Accounts Payable $ 5,000.00 $ 10,000.00
Accruals $ 15,000.00 $ 8,500.00
Current Portion of Long Term Bonds Payable $ 25,000.00 $ 7,000.00
Long Term Bonds Payable $ 50,000.00 $ 60,000.00
Common Stock, Par $ 1,000.00 $ 1,000.00
Common Stock, Paid in Capital $ 50,000.00 $ 50,000.00
Retained Earnings $ 24,000.00 $ 16,500.00
Total Liabilities and Equity $ 170,000.00 $ 153,000.00
Sales $ 250,000.00 $ 130,000.00
COGS $ 135,000.00 $ 20,000.00
Gross Profit $ 115,000.00 $ 110,000.00
SG&A Expense $ 50,000.00 $ 40,000.00
Depreciation $ 15,000.00 $ 18,000.00
EBIT $ 50,000.00 $ 52,000.00
Interest Exp $ 5,000.00 $ 10,000.00
EBT $ 45,000.00 $ 42,000.00
Taxes $ 9,450.00 $ 8,820.00
NI $ 35,550.00 $ 33,180.00

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