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Consider the following abbreviated financial statements for Barrie Enterprises: BARRIE Enterprises 2 0 1 9 and 2 0 2 0 Partial Statement of Financial Position
Consider the following abbreviated financial statements for Barrie Enterprises:
BARRIE Enterprises
and Partial Statement of Financial Position
Assets Liabilities and Owner's Equity
Current assets $ $ Current liabilities $ $
Net fixed assets Longterm debt
BARRIE Enterprises
Statement of Comprehensive Income
Sales $
Costs
Depreciation
Interest paid
a What is owner's equity for and Omit $ sign in your response.
Owner's equity $
Owner's equity $
b What is the change in net working capital for Omit $ sign in your response.
Change in NWC $
c In Barrie Enterprises purchased $ in new fixed assets. How much in fixed assets did Barrie Enterprises sell? Omit $ sign in your response.
Fixed assets sold $
c In Barrie Enterprises purchased $ in new fixed assets. What is the cash flow from assets for the year? The tax rate is Omit $ sign in your response.
Cash flow from assets $
d During Barrie Enterprises raised $ in new longterm debt. How much longterm debt must Barrie Enterprises have paid off during the year? Omit $ sign in your response.
Debt retired $
d During Barrie Enterprises raised $ in new longterm debt. What is the cash flow to creditors? Omit $ sign in your response.
Cash flow to creditors $
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