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22. Calculating Cash Flows (L03) Consider the following abbreviated financial statements for Barrie Enterprises: BARRIE ENTERPRISES 2017 and 2018 Partial Statement of Financial Position Assets

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22. Calculating Cash Flows (L03) Consider the following abbreviated financial statements for Barrie Enterprises: BARRIE ENTERPRISES 2017 and 2018 Partial Statement of Financial Position Assets Liabilities and Owner's Equity 2017 2018 2017 2018 Current assets $. 914 $ 990 Current liabilities $ 365 $ 410 Net fixed assets 3,767 4,536 Long-term debt 1,991 2,117 BARRIE ENTERPRISES 2018 Statement of Comprehensive Income Sales $11,592 Costs 5,40 Depreciation 1,033 Interest Paid 294 64 CHAPTER 2 Financial Statements, Cash Flow, and Taxes a. What is owner's equity for 2017 and 2018? b. What is the change in net working capital for 2018? c. In 2018, Barrie Enterprises purchased $1,890 in new fixed assets. How much in fixed assets did Barrie Enterprises sell? What is the cash flow from assets for the year? (The tax rate is 35%.) d. During 2018, Barrie Enterprises raised $378 in new long-term debt. How much long-term debt must Barrie Enterprises have paid off during the year? What is the cash flow to creditors

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