Reference no: EM133674215
WESTON ENTERPRISES 2019 and 2020 Partial Balance Sheets Assets Liabilities and Owners' Equity 2019 2020 2019 2020 Current assets $ 1,178 $ 1,263 Current liabilities $ 526 $ 572 Net fixed assets 5,707 6,023 Long-term debt 3,172 3,405 also I have
WESTON ENTERPRISES 2020 Income Statement Sales $ 17,277 Costs 5,119 Depreciation 1,476 Interest paid 624
a. What was owners' equity for 2019 and 2020? (Do not round intermediate calculations.)
b. What was the change in net working capital for 2020? (Do not round intermediate calculations.)
c-1. In 2020, the company purchased $3,054 in new fixed assets. How much in fixed assets did the company sell? (Do not round intermediate calculations.)
c-2. In 2020, the company purchased $3,054 in new fixed assets. What was the cash flow from assets for the year? The tax rate is 21 percent. (Do not round intermediate calculations.)
d-1. During 2020, the company raised $702 in new long-term debt. How much long-term debt must the company have paid off during the year? (Do not round intermediate calculations.)
d-2. During 2020, the company raised $702 in new long-term debt. What was the cash flow to creditors? (Do not round intermediate calculations.) Please give me formulas and the calculation.