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2019 Balance Sheets as of December 31, 2018 and 2019 (in 000s) 2018 2019 2018 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash

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2019 Balance Sheets as of December 31, 2018 and 2019 (in 000s) 2018 2019 2018 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 210 $ 180 Accounts payable $ 250 $ Accounts receivable 325 325 Notes payable 260 Inventory 180 315 300 260 Total 715 $ 820 Total $ 510 $ 560 $1,000 $ 1120 Long-term debt Owners' equity Common stock Accumulated retained earnings Fixed assets $ 305 $ $ 400 $ 282 508 Net plant and equipment $ 1,500 $ 1,650 Total $ 705 $ 790 Total assets $ 2,215 $2,470 Total liabilities and owners' equity $ 2,215 $ 2,470 FARR, INC. 2019 Income Statement (in 000s) Sales Cost of goods sold Depreciation ta 1,350 850 40 EBIT Interest paid $ 460 95 Taxable income Taxes $ 365 77 Net income ta 288 $ 180 Dividends Retained earnings 108 Determine the cash flow from assets (including the operating cash flow, net capital spending, and change in net working capital), cash flow to creditors, and cash flow to stockholders for FARR, Inc. for the year 2019. (Express your answers in thousands of dollars. Round your answer to the nearest whole dollar amount (e.g. 32). Negative amounts should be Indicated by a minus slgn.) Operating Cash Flow Net Capital Spending Change in NWC Cash Flow From Assets Cash Flow to Creditors Cash Flow to Stockholders Requirement 2: Calculate the internal growth rate and the sustainable growth rate for FARR, Inc. (Do not round Intermediate calculations. Enter your answers as a percent rounded to 2 decimal places (e.g., 32.16).) Internal Growth Rate Sustainable Growth Rate Requirement 3: Explain the difference in the assumptions underlying the internal and sustainable growth rates

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