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In: Finance

You are analyzing the Balance Sheet of Surtsey Corp. (provided below). You are asked to compute...

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

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Expert Solution

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

INCOME STATEMENT MISSING BUT I DID SUM RECENTLY, SO I HAD DATA


jeff jeffy answered 1 year ago
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