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a. How much is the firm's net working capital and what is the debt ratio? b. Complete a common-sized income statement, a common-sized balance sheet,

a. How much is the firm's net working capital and what is the debt ratio?

b. Complete a common-sized income statement, a common-sized balance sheet, and a statement of cash flows for

2018.

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(Working with financial statements) Given the balance sheet, , and income statement, , for Knapp Inc.: a. How much is the firm's net working capital and what is the debt ratio? b. Complete a common-sized income statement, a common-sized balance sheet, and a statement of cash flows for 2018 a. How much is the firm's net working capital and what is the debt ratio? The net working capital is (Round to the nearest dollar.) The debt ratio is %. (Round to one decimal place.) b. Complete a common-sized income statement, a common-sized balance sheet, and a statement of cash flows for 2018. Complete the common-sized income statement: (Round to one decimal place.) Complete the assets section of the common-sized balance sheet: (Round to one decimal place.) Complete the assets section of the common-sized balance sheet: (Round to one decimal place.) Complete the liabilities and owners' equity section of the common-sized balance sheet: (Round to one decimal place.) Complete the operating activities part of the statement of cash flows: (Round to the nearest dollar. NOTE: Input cash inflows as positive values and cash outflows as negative values.) Statement of Cash Flows Cash Flows from Operating Activities Net income Adjustments Depreciation Decrease in accounts receivable Increase in inventory Decrease in account payable Net cash provided by operating activities $ Complete the investing activities part of the statement of cash flows: (Round to the nearest dollar. NOTE: Input cash inflows as positive values and cash outflows as negative values.) Statement of Cash Flows (Cont'd) Cash Flows from Investing Activities Increase in plant and equipment Net cash used in investing activities Complete the financing activities part of the statement of cash flows: (Round to the nearest dollar. NOTE: Input cash inflows as positive values and cash outflows as negative values.) Statement of Cash Flows (Cont'd) Cash Flows from Financing Activities Increase in notes payable Dividends Net cash provided by financing activities Net decrease in cash Cash, February 1, 2018 Cash, January 31, 2018 Knapp Inc. Balance Sheet at 1/31/2017 and 1/31/2018 Knapp Inc. Income Statement for Years Ended 1/31/2017 and 1/31/2018

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