In: Finance
You are analyzing the Balance Sheet of Surtsey Corp. (provided below). You are asked to compute the firm's Cash Flow From Assets (CFFA). What input would you use for Change in Net Working Capital in order to compute CFFA? (The next question will ask you to compute the firm's CFFA).
2019 | 2018 | 2019 | 2018 | |||
Cash | $20,800 | $12,250 | Accounts Payable | $45,060 | $43,150 | |
Accounts Receivable | 22,620 | 19,565 | Notes Payable | 14,402 | 19,785 | |
Inventory | 100,052 | 83,150 | Total Current Liabilities | 59,462 | 62,935 | |
Total Current Assets | 142,752 | 114,965 | Long Term Debt | 75,040 | 85,410 | |
Property, Plant and Equipment | 207,500 | 215,400 | Total Liabilities | 134,502 | 148,345 | |
Goodwill | 9,620 | 9,620 | Common Stock | 79,500 | 66,240 | |
Retained Earnings | 145,870 | 125,400 | ||||
Total Equity | 225,370 | 191,640 | ||||
Total Assets | $359,872 | $339,985 | Total Liabilities & Owners' Equity | $359,872 | $339,985 |
SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE
INCOME STATEMENT MISSING BUT I DID SUM RECENTLY, SO I HAD DATA