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Assets Current assets Net fixed assets. Sales Costs Partial Balance Sheets as of December 31, 2021 and 2022 Liabilities and Owners' Equity Current liabilities
Assets Current assets Net fixed assets. Sales Costs Partial Balance Sheets as of December 31, 2021 and 2022 Liabilities and Owners' Equity Current liabilities Long-term debt Depreciation Interest paid 2021 $ 2,690 12,475 CABO WABO, INCORPORATED 2022 Income Statement 2022 $ 2,852 13,044 $ 40,257 20,189 3,395 929 2021 $1,162 6,445 2022 $ 1,540 6,898 a. What is owners' equity for 2021 and 2022? Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. b. What is the change in net working capital for 2022? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. c-1. In 2022, the company purchased $7,088 in new fixed assets. The tax rate is 22 percent. How much in fixed assets did the company sell? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. c-2. What is the cash flow from assets for the year? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. d-1. During 2022, the company raised $2,134 in new long-term debt. What is the cash flow to creditors? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. company sell? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. c-2. What is the cash flow from assets for the year? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. d-1. During 2022, the company raised $2,134 in new long-term debt. What is the cash flow to creditors? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. d-1. How much long-term debt must the company have paid off during the year? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. a. 2021 Owners' equity 2022 Owners' equity b. Change in NWC c-1. Fixed assets sold c-2. Cash flow from assets d-1. Cash flow to creditors d-2. Debt retired
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SL No Particulars Amount a 2021 Owners equity 7558 2022 Owners equity 7458 b Change in Net Working C...Get Instant Access to Expert-Tailored Solutions
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