Determine the cash flow generated by the firms assets

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Reference no: EM131446788

Ritter Corporation’s accountants prepared the following financial statements for year-end 2015: (Do not round intermediate calculations.) RITTER CORPORATION Income Statement 2015 Revenue $ 840 Expenses 610 Depreciation 99 Net income $ 131 Dividends $ 111 RITTER CORPORATION Balance Sheets December 31 2015 2014 Assets Cash $ 83 $ 64 Other current assets 188 174 Net fixed assets 399 379 Total assets $ 670 $ 617 Liabilities and Equity Accounts payable $ 143 $ 124 Long-term debt 163 149 Stockholders’ equity 364 344 Total liabilities and equity $ 670 $ 617 a. What is the change in cash during 2015? Change in cash $ b. Determine the change in net working capital in 2015. Change in net working capital $ c. Determine the cash flow generated by the firm’s assets during 2015. Cash flow from assets $

Reference no: EM131446788

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