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20. Calculating Cash Flows Consider the following abbreviated financial statements for Cabo Wabo, Inc.: a. What is owners' equity for 2021 and 2022? b. What

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20. Calculating Cash Flows Consider the following abbreviated financial statements for Cabo Wabo, Inc.: a. What is owners' equity for 2021 and 2022? b. What is the change in net working capital for 2022 ? c. In 2022 , the company purchased $7,088 in new fixed assets. How much in fixed assets did the company sell? What is the cash flow from assets for the year? (The tax rate is 22 percent.) d. During 2022, the company raised $2,134 in new long-term debt. How much long-term debt must the company have paid off during the year? What is the cash flow to creditors

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