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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,

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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, and a statement of cash flows for 2015. 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.) Data Table Cash $ $ $ Accounts receivable 200 450 550 160 422 612 Inventory nd $ 1,200 $ 1,194 Current assets Plant and equipment Less accumulated depreciation Net plant and equipment $ 2,200 (1,000) $ 2,626 (1,209) $ 1,200 $ 1,417 Total assets $ 2,400 $ 2,611 Liabilities and Owners' Equity 2014 2015 Accountegrablo 200 150 LIUDYTICS WICIS syary 2014 2015 $ Accounts payable Notes payable-current (9%) 200 $ 159 0 136 Current liabilities $ 200 $ 295 $ 600 $ 600 Bonds Owners' equity Common stock $ $ 900 Retained earnings 900 700 816 Total owners' equity $ 1,600 $ 1,716 Total liabilities and owners' equity $ 2,400 $ 2,611 ki or EU CORO Sales $ 1,200 700 $ 1,468 858 rk $ 500 1 $ 610 $ $ Cost of goods sold Gross profit Selling, general and administrative expenses Depreciation Operating income Interest expense Not income before taxes 30 220 48 209 250 257 $ $ 250 50 353 55 $ 200 80 298 119 Taxes (40%) Not income S 120 179 swer

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