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Consider the following abbreviated financial statements for Barrie Enterprises: BARRIE Enterprises 2017 and 2018 Partial Statement of Financial Position Liabilities and Assets Owner's Equity 2017
Consider the following abbreviated financial statements for Barrie Enterprises: BARRIE Enterprises 2017 and 2018 Partial Statement of Financial Position Liabilities and Assets Owner's Equity 2017 2018 2017 2018 Current assets $ 924 $1,000 Current liabilities $ 370 $ 411 Net fixed assets 3,867 4,636 Long-term debt 2,041 2,172 BARRIE Enterprises 2018 Statement of Comprehensive Income Sales $ 12,100 Costs 5,453 Depreciation 1,083 Interest paid 304 a. What is owner's equity for 2017 and 2018? (Omit $ sign in your response.) Owner's equity 2017 Owner's equity 2018 $ $ b. What is the change in net working capital for 2018? (Omit $ sign in your response.) Change in NWC $ c1. In 2018, Barrie Enterprises purchased $1,945 in new fixed assets. How much in fixed assets did Barrie Enterprises sell? (Omit $ sign in your response.) Fixed assets sold $ Fixed assets sold ta c2. In 2018, Barrie Enterprises purchased $1,945 in new fixed assets. What is the cash flow from assets for the year? (The tax rate is 35%.) (Omit $ sign in your response.) Cash flow from assets $ d1. During 2018, Barrie Enterprises raised $388 in new long-term debt. How much long-term debt must Barrie Enterprises have paid off during the year? (Omit $ sign in your response.) Debt retired d2. During 2018, Barrie Enterprises raised $388 in new long-term debt. What is the cash flow to creditors? (Omit $ sign in your response.) Cash flow to creditors TA
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