What is cash flow assets if net cap decreases

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Reference no: EM132626200

Cash

$         4,500.00 1 $         5,200.00

Accounts Payable

X

X

Accounts Receivable

S            800 .00  $                600.00

Notes Payable

$          2.100.00

$           1.5013.00

Inventory

X                                        X

 

 

 

 

 

tong-Teem Debt

$       75,250.00

$ 60,500.00

Net Fixed Assets

$ 105,775.00           $      95,000.00

Owner's Equity

$     31,675.00

$ 33,575.00

 

 

 

 

 

Total Assets

 113,225.00         $ 104.075.00

tot al I WARiv% Jild
Owner's Equity

$ 113,225.00

5 104.075.00

 

 

 

 

 

 

2018               

2019

Sales

 $ /50,000.00

$ 950,000.00

COGS

X

X

Depreciation

$ 52.000 00

     65,000.00

EMT

 348.000.00

 390.000.00

Interest

       5.200.00

     7,500.00

Taxable Income

 342,800.00

$ 382,500.00

Taxes

$       71,988.00

$     80,325.00

Net Income

5 270,812.00

5 302,175.00

Dividends

X

X

Addition to Retained Earnings

5 120,812.00

5     27,175.00

Question 1: what is cash flow assets for 2019 if net cap. decreases by 10775 for the year

Question 2: what is cash flows to creditors for 2019?

Question 3: what is the firms quick ratio for 2018?

Reference no: EM132626200

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