Please answer question 16-18 based on the following information from Owl Inc.Income StatementSalesCOGSSGADepreciationEBITInterestE BTTaxes (35%)Net incomeDividend payouta.b.CashAccounts receivableInventoryCurrent assetsNet fixed assetsTotal assetsNet fixed assetsBalance Sheet as of December 31, 201922,228 Accounts payable19,450CashAccounts receivableInventoryCurrent assets25,49567,173Less than $50,000Between $65,000 and $75,000C.Between $75,000 and $85,000d. Between $85,000 and $100,000205,000272,173Total assets310,02916. How much is the operating cash flow in 2020?20192020277,855 333,426141,641175,04927,78638,34438,90046,68069,52873,3534,35668,99724,14944,84835%221,6714,27565,25322,83942,41450%Balance Sheet as of December 31, 202026,674Accounts payable26,674Notes payable35,010Current liabilities88,358Notes payableCurrent liabilitiesLong-term debtOwner's equityTotal liab & equityLong-term debtOwner's equityTotal liab & equity31,16116,25047,41155,000169,762272,17338,51122,60461,115310,029

Operating cash flows are cash flows generated from operating activities of a business.It is…

Income Statement Sales COGS SGA a. b. Depreciation E BIT Interest E BT Taxes (35%) Net income Dividend payout Cash Accounts receivable Inventory Current assets Net fixed assets Total assets Net fixed assets Cash Accounts receivable Inventory Current assets Balance Sheet as of December 31, 2019 Accounts payable Notes payable Current liabilities 22,228 19,450 25,495 67,173 Less than $50,000 Between $65,000 and $75,000 205,000 C. Between $75,000 and $85,000 d. Between $85,000 and $100,000 272,173 Total assets 310,029 16. How much is the operating cash flow in 2020? 26,674 26,674 35,010 88,358 2019 277,855 141,641 27,786 38,900 69,528 221,671 4,275 65,253 22,839 42,414 50% Balance Sheet as of December 31, 2020 Accounts payable Long-term debt Owner's equity 2020 333,426 175,049 38,344 46,680 73,353 4,356 68,997 24,149 44,848 35% Total liab & equity Notes payable Current liabilities Long-term debt Owner's equity Total liab & equity 31,161 16,250 47,411 55,000 169,762 272,173 38,511 22,604 61,115 310,029

Income Statement Sales COGS SGA a. b. Depreciation E BIT Interest E BT Taxes (35%) Net income Dividend payout Cash Accounts receivable Inventory Current assets Net fixed assets Total assets Net fixed assets Cash Accounts receivable Inventory Current assets Balance Sheet as of December 31, 2019 Accounts payable Notes payable Current liabilities 22,228 19,450 25,495 67,173 Less than $50,000 Between $65,000 and $75,000 205,000 C. Between $75,000 and $85,000 d. Between $85,000 and $100,000 272,173 Total assets 310,029 16. How much is the operating cash flow in 2020? 26,674 26,674 35,010 88,358 2019 277,855 141,641 27,786 38,900 69,528 221,671 4,275 65,253 22,839 42,414 50% Balance Sheet as of December 31, 2020 Accounts payable Long-term debt Owner's equity 2020 333,426 175,049 38,344 46,680 73,353 4,356 68,997 24,149 44,848 35% Total liab & equity Notes payable Current liabilities Long-term debt Owner's equity Total liab & equity 31,161 16,250 47,411 55,000 169,762 272,173 38,511 22,604 61,115 310,029

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 63BE: Asset Efficiency Ratios Rumsford Inc.s financial statements for 2019 indicate the following account...

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