Using the table below create SinCo's Income Statement and Balance Sheet for the Prior Year and Current Year, and then answer the questions that are below. (Do not round intermediate calculations. Round your answer to 2 decimal places.)     Prior Year Current Year Revenue $4,000 5600 Cost of Good Sold 1,600 2,520 Depreciation 500 525 Inventory 300 340 SG&A 500 580 Interest Expenses 150 172 Common Stock and Paid-in Capital 2,200 2,200 Federal and State Taxes (35% of EBT) 400   Accounts Payable 300 340 Accounts Receivable 400 450 Net Fixed Assets 5,000 5000 Retained Earnings (Balance Sheet) 1,000   Long-Term Debt 2,000 2500 Notes Payable 1,000 950 Dividends Paid 410 410 Cash 800   Income Statement Questions: What is SinCo's EBITDA for the current year?      What is SinCo's EBIT for the current year?     What is SinCo's Net Income for the current year?     Balance Sheet Questions: What is SinCo's  current year's Retained Earnings   What is the current year's Total Liabilities and Shareholders Equity   What is SinCo's current year's Total Assets   What is SinCo's current year's Cash Balance   What is SinCo's current year's Total Current Assets

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Operating Cash Flows

A cash flow statement (CFS) helps the company to know the amount of cash at its disposal, the activities that lead to earning cash, and the activities which require cash expenditure for a particular period. The statement represents the liquidity of the company.