Homework Answers
Cash flow from investing activity = Purchase and sales of long-term assets
So, increase in long term assets = 537950 - 516100 + 28100 = $49950
Here depreciarion is also added because, increase in net fixed assets = gross fixed assets - depreciation
So, option d is correct.
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Use the following information to answer the question below: note all sales are credit sales. Compute...
Use the following information to answer the question
below: note all sales are credit sales.
Compute each of the following ratios for 2018 and 2019
and indicate whether each ratio was getting "better" or "worse"
from 2018 to 2019 and was "good" or "bad" compared to the industry
Avg. 2019 (round all numbers to 2 digits past the decimal
place).
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Use the following information to answer the question
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from 2018 to 2019 and was "good" or "bad" compared to the industry
Avg. 2019 (round all numbers to 2 digits past the decimal
place).
Income Stmt info: 2018 2019 Sales $ 1,000,000 $ 1,050,000 less Cost of Goods Sold: - 400,000 _ 432.000 Gross...
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