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Please answer question 16-18 based on the following information from Owl Inc. Income Statement 2019 2020 Sales 277,855 3

Posted: Tue Jan 18, 2022 1:00 pm
by answerhappygod
Please Answer Question 16 18 Based On The Following Information From Owl Inc Income Statement 2019 2020 Sales 277 855 3 1
Please Answer Question 16 18 Based On The Following Information From Owl Inc Income Statement 2019 2020 Sales 277 855 3 1 (376.78 KiB) Viewed 55 times
please show the process of 17
Please answer question 16-18 based on the following information from Owl Inc. Income Statement 2019 2020 Sales 277,855 333,426 COGS 141,641 175,0491 SGA 27,786 38,344 Depreciation 38,900 46,680 EBIT 69,528 73,353 Interest 4,275 4,356 EBT 65,253 68,997 Taxes (35%) 22,839 24,1491 Net income 42,414 44,848 Dividend payout 50% 35% Balance Sheet as of December 31, 2019 Cash 22,228 Accounts payable 31,161 Accounts receivable 19,450 Notes payable 16,250 Inventory 25,495 Current liabilities 47,411 Current assets 67,173 Long-term debt 55,000 Net fixed assets 205,000 Owner's equity 169,762 Total assets 272, 173 Total liab & equity 272,173 Balance Sheet as of December 31, 2020 Cash 26,674 Accounts payable Accounts receivable 26,674 Notes payable Inventory 35,010 Current liabilities Current assets 88,358 Long-term debt Net fixed assets 221,671 Owner's equity 38,511 22,604 61,115 Total liab & equity 310,0291 Total assets 310,029 16. How much is the operating cash flow in 2020? a. Less than $50,000 b. Between $65,000 and $75,000 C. Between $75,000 and $85,000 d. Between $85,000 and $100,000 17. How much is the owner's equity for 2020? a Less than $195,000 b. Between $195,000 and $200,000 Between $200,000 and $205,000 d. Above $ 205,000 c.