Cafés Richard Bangladesh 2020 Income Statement Net sales Tk. 5,680,000 (4,060,000) (420,000) Cost of goods sold Depreciation Earnings before interest and taxes Less: Interest paid 1,200,000 (30,000) Taxable Income 1,170,000 (410,000) Tk. 760,000 500,000 Less: Taxes Net income Dividends Cafés Richard Bangladesh Comparative Balance Sheets 2020 180,000 840,000 2019 2019 2020 Cash Accounts payable Long-term debt 1,560,000 1,990,000 Common stock Retained earnings 70,000 980,000 1,350,000 1,170,000 720,000 Accounts rec. 500,000 3,200,000 3,500,000 Inventory Total Current Assets 2,610,000 3,010,000 940,000 1,200,000 Net fixed assets Total assets 3,600.000 3,360,000 6,210,000 6,370,000 Total liabilities & equity 6,210,000 6,370,000 Required a. Calculate cash flow from assets for 2020;

Cafés Richard Bangladesh 2020 Income Statement Net sales Tk. 5,680,000 (4,060,000) (420,000) Cost of goods sold Depreciation Earnings before interest and taxes Less: Interest paid 1,200,000 (30,000) Taxable Income 1,170,000 (410,000) Tk. 760,000 500,000 Less: Taxes Net income Dividends Cafés Richard Bangladesh Comparative Balance Sheets 2020 180,000 840,000 2019 2019 2020 Cash Accounts payable Long-term debt 1,560,000 1,990,000 Common stock Retained earnings 70,000 980,000 1,350,000 1,170,000 720,000 Accounts rec. 500,000 3,200,000 3,500,000 Inventory Total Current Assets 2,610,000 3,010,000 940,000 1,200,000 Net fixed assets Total assets 3,600.000 3,360,000 6,210,000 6,370,000 Total liabilities & equity 6,210,000 6,370,000 Required a. Calculate cash flow from assets for 2020;

Fundamentals of Financial Management (MindTap Course List)

15th Edition

ISBN:9781337395250

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter4: Analysis Of Financial Statements

Section: Chapter Questions

Problem 24P: Income Statement for Year Ended December 31, 2018 (Millions of Dollars) Net sales 795.0 Cost of...

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