1. You are examining a company's balance sheet and find that it has total assets of $20,645, a cash balance of $2,235, inventory of $4,945, current liabilities of $5,893 and accounts receivable of $2,753. What is the company's net working capital?

Multiple Choice

$5,850

$905

$4,040

$14,752

$1,805

2. You find the following financial information about a company: net working capital = $843; fixed assets = $5,641; total assets = $8,318; and long-term debt = $4,385. What are the company's total liabilities?

Multiple Choice

$7,482

$6,219

$6,194

$2,131

$5,228

3.Micro, Inc., started the year with net fixed assets of $75,800. At the end of the year, there was $97,400 in the same account, and the company's income statement showed depreciation expense of $13,650 for the year. What was the company's net capital spending for the year?

Multiple Choice

$83,750

$35,250

$43,145

$40,735

$21,600

4. At the beginning of the year, Nothing More, Corp., had a long-term debt balance of $38,179. During the year, the company repaid a long-term loan in the amount of $11,189. The company paid $4,425 in interest during the year, and opened a new long-term loan for $9,815. What was the cash flow to creditors during the year?

Multiple Choice

$5,390

$6,764

$12,750

$5,799

$1,374