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Cant figure out blank parts. (Working with financial statements) Based on the balance sheet, E, and income statement, , for T. P. Jarmon Company for

Cant figure out blank parts.image text in transcribedimage text in transcribed

(Working with financial statements) Based on the balance sheet, E, and income statement, , for T. P. Jarmon Company for the year ended December 31, 2018 a. How much is the firm's net working capital and what is the debt ratio? b. Complete a statement of cash flows for the period. c. Compute the changes in the balance sheets from 2017 to 2018. D. Complete Statement UT CASI TUWS TOI LTE pendu 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 negal Statement of Cash Flows Cash flows from Operating Activities T. P. Jarmon Company Balance Sheet for 12/31/2017 and 12/31/2018 Assets 2017 2018 Cash $ 15,000 14,100 Marketable securities 6,000 6,300 Accounts receivable 42,000 32,800 Inventory 51,000 83,500 Prepaid rent 1,200 1,100 Total current assets $ 115,200 $ 137,800 $ 286,000 $ Net plant and equipment 270,100 $ 401,200 $ 407,900 Total assets Net income $ 42,000 Adjustments Depreciation Increase in marketable securities Decrease in accounts receivable 29,900 (300) 9,200 100 (23,500) (1,000) Prepaid expenses Increase in inventories (less A/P) Decrease in accruals Liabilities and Equity 2017 $ 56,400 Net cash provided by operating activities Accounts payable Accruals 48,000 6,000 15,000 2018 57,000 5,000 13,000 75,000 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 negat Notes payable $ Total current liabilities $ 69,000 Statement of Cash Flows (Cont'd) Cash Flows from Investing Activities Long-term debt $ $ 160,000 172,200 $ 150,500 $ 182,400 Increase in gross plant and equipment Common stockholders' equity 101 200 S 107 900 Net cash provided (consumed) by investing activities Print Done Enter any number in the edit fields and then click Check Answer. Data Table T. P. Jarmon Company Income Statement for Years Ended 12/31/2018 $ 600,300 460,200 Sales Less cost of goods sold Gross profit Operating and interest expenses General and administrative $ 140,100 $ Interest 30,200 10,000 29,900 Depreciation $ 70,100 Total operating and interest expenses Earnings before taxes $ 70,000 28,000 Taxes Net income available to common stockholders $ Cash dividends 42,000 31,800 10,200 $ Change in retained earnings Print Done

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