Revenue Cost of sales Other operating expenses Operating income 2019 110 60 30 00 20 Financial expense 3 Tax expense 3 Net income 14 2019 2018 2019 2018 Cash 15 Inventory 30 Receivables 12 8 20 10 20 10 Accounts payable 27 22 Financial obligations 30 30 Fixed assets 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?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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2019
Revenue
110
Cost of sales
60
Other operating expenses
30
Operating income
20
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
8
Fixed assets 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 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 8 Fixed assets 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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