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Identify the sources and uses of cash for Blackhurst Corporation for 2014 based on the following yearend Balance Sheets 2013 2014 As

Identify the sources and uses of cash for Blackhurst Corporation for 2014 based on the following year-end Balance Sheets

                                                  2013       2014         

Assets                          

Cash                                           40             30                 

Accounts Receivable                 100            150                                   

Inventory                                    135            125                 

Net Fixed Assets                        200            240                                   

Total                                           475            545

Liabilities and Equity

Bank Loan                                   40            100                   

Long-term debt                           200           180                                    

Equity                                          235           265                                

                                                    475           545                             

  a.

Sources = 60 ; Uses = 60

  b.

Sources = 90 ; Uses = 110

  c.

Sources = 110 ; Uses = 110

  d.

Sources = 110 ; Uses = 70

 

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Apr 03 2020 Read more Less More

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