Use the financial statements of Heifer Sports Inc. to find the following (assume 365 days a year, round to 2 decimal places): Income Statement 2020 Sales $5,630,000 Cost of Goods Sold $2,936,000 Depreciation $289,400 Selling and Admin. Expenses $1,550,000 EBIT $854,600 Interest Expense $138,000 Taxable Income $716,600 Taxes $320,300 Net Income $396,300 Balance Sheet, Year End 2020 2019 Assets Cash $48,400 $54,000 Accounts receivable $649,000 $932,200 Inventory $481,800 $648,400 Total current assets $1,179,200 $1,634,600 Fixed assets $3,060,000 $3,793,000 Total assets $4,239,200 $5,427,600 Liabilities and Stockholders' Equity Accounts payable $336,400 $623,000 Short-term debt $491,000 $762,200 Total current liabilities $827,400 $1,385,200 Long-term bonds $2,282,400 $3,049,300 Total liabilities $3,109,800 $4,434,500 Common stock $313,900 $313,900 Retained earnings $815,500 $679,200 Total stockholders' equity $1,129,400 $993,100 Total liabilities and stockholders' equity $4,239,200 $5,427,600 a. Cash flow from operating activities in 2020 $? b. Operating profit margin ?% c. Return on equity ?% d. Compound leverage ratio ? e. Net cash provided by operating activities ?

Use the financial statements of Heifer Sports Inc. to find the following (assume 365 days a year, round to 2 decimal places): Income Statement 2020 Sales $5,630,000 Cost of Goods Sold $2,936,000...

Use the financial statements of Heifer Sports Inc. to find the following (assume 365 days a year, round to 2 decimal places):

Jun 06, 2022