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Liabilities & equity 112 103 Suppose all of RRR's cash is operating cash, what was RRR's net operating assets at the end of 2019?

Liabilities & equity 112 103 Suppose all of RRR's cash is operating cash, what was RRR's net operating assets at the end of 2019?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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2019 Revenue 110 Cost of sales 60 Other operating expenses 30 Operating income 20 Financial expense 3 Tax expense 3 Net income 14 2019 2018 2019 2018 Cash 15 10 Accounts payable 27 22 Inventory 30 20 Financial obligations 30 30 Receivables 12 12 #8 Fixed assets 50 50 60 Equity 55 51 Goodwill 5 5 Total assets 112 103 Liabilities & equity 112 103 Suppose all of RRR's cash is operating cash, what was RRR's net operating assets at the end of 2019?
Transcribed Image Text:2019 Revenue 110 Cost of sales 60 Other operating expenses 30 Operating income 20 Financial expense 3 Tax expense 3 Net income 14 2019 2018 2019 2018 Cash 15 10 Accounts payable 27 22 Inventory 30 20 Financial obligations 30 30 Receivables 12 12 #8 Fixed assets 50 50 60 Equity 55 51 Goodwill 5 5 Total assets 112 103 Liabilities & equity 112 103 Suppose all of RRR's cash is operating cash, what was RRR's net operating assets at the end of 2019?
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