Problem 16 Intro Below is the balance sheet for Southern Comfort Company for December 31...
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Problem 16 Intro Below is the balance sheet for Southern Comfort Company for December 31 of 2019 and 2020. 2019 2020 2019 2020 Cash Accounts receivable 1,650 2,300 4,950 6,900 4,950 6,900 11,550 16,100 21,450 29,900 33,000 46,000 Accounts payable Current liabilities Long-term debt Total liabilities Inventory Current assets 4,950 6,900 4,950 6,900 9,900 13,800 14,850 20,700 18,150 25,300 33,000 46,000 Net fixed assets Equity Liab. & equity Total assets A partial income statement for 2020 is also given: Amount Sales Cost Depreciation Interest Taxes (34%) 110,400 60,720 16,560 11,040 The company had capital expenditure of $25,010 in 2020. Part 3 Attempt 3/3 for 6 pts. What was the project cash flow in 2020? 0+ decimals Submit
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