1. You have the following balance sheet and income statement information. Identify the sources and uses of cash and their amounts. Principles of Finance Problem Set #1 and Additional Problems Balance Sheet Cash Accts Receivable Inventory Gross Fixed Assets Accum. Depr. Total Assets Accts Payable Notes Payable L-T Debt Common Stock Retained Earnings Total Liabs & SE 12/2016 60 120 70 1,000 (200) 1,050 100 140 365 280 165 1,050 12/2017 40 150 80 1,200 (300) 1,170 120 70 530 250 200 1,170 2017 Income Statement: Net Income 85 Dividends 50 Source Use

Principles of Finance Problem Set #1 and Additional Problems 1. You have the following balance sheet and income statement information, 2. You have the following ineome statement and balance ahect information for RaceCar Ine. Is for 201A a. Show how to calculate the cash flow from assets b. Show how to calculate the cash flow to creditors c. Show how to calculate the cash flow to stockholders d. Show that your results for a,b, and c are consistent with the cash flow identity