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Cash
$ 4,500.00 1 $ 5,200.00
Accounts Payable
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
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
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?
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