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CABO WABO, INC. Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets 2018 2019 Liabilities and Owners' Equity Current assets $
CABO WABO, INC. Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets 2018 2019 Liabilities and Owners' Equity Current assets $ 2.989 $ 3,169 Current liabilities Net fixed assets $1.291 13,862 $1,898 14,493 Long-term debt 7.161 8,221 CABO WABO, INC. 2019 Income Statement Sales $44,730 Costs 22,432 Depreciation 3,777 Interest paid 1,032 a. What is owners' equity for 2018 and 2019? b. What is the change in net working capital for 2019? c. In 2019, the company purchased $7,876 in new fixed assets. How much in fixed assets did the company sell? What is the cash flow from assets for the year? (The tax rate is 22 percent.) d. During 2019, the company raised $2,371 in new long-term debt. How much long-term debt must the company have paid off during the year? What is the cash flow to creditors
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