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Based on the following information for Elite Corporation, prepare an income statement, balance sheet for 2014 and 2015, and statement of cash flows for 2015.
Based on the following information for Elite Corporation, prepare an income statement, balance sheet for 2014 and 2015, and statement of cash flows for 2015. Answer the following questions: a. What is the change in the net working capital from 2014 to 2015? b. What is the amount of the noncash expenses for 2015? c. What is the amount of the net capital spending for 2015? d. What is the operating cash flow for 2015? e. What is the cash flow from assets for 2015? f. What is the amount of net new borrowing for 2015? g. What is the cash flow to creditors for 2015? h. What is the amount of dividends paid in 2015? i. What is the cash flow to stockholders for 2015
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