Consider the following abbreviated financial statements for Cabo Wabo, Inc.: 11 2018 2019 0.83 points CABO WABO, INC. Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets Llabilities and Owners' Equity 3.389 Current assets $ 3,169 $ Current liabilities Net fixed assets 14,082 14,513 Long term debt $ 1,4115 2.098 Skipped 7,401 8,441 eBook $ CABO WABO, INC. 2019 Income Statement 45.030 Sales 22,532 Costs Depreciation 3,897 Interest paid 991 Print References b. a. What is owners' cquity for 2018 and 2019? (Do not round intermediate calculations and round your answers to the nearest whole number, e.g. 32.) What is the change in net working capital for 2019? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32.) c-1. In 2019, the company purchased $8.056 in new fixed assets. The tax rate is 25 percent. How much in fixed assets did the company sell? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) c-2. What is the cash flow from assets for the year? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) d-1. During 2019, the company raised $2,491 in new long-term debt. What is the cash flow to creditors? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole 11 0.83 points Skipped What is owners' equity for 2018 and 2019? (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) b. What is the change in net working capital for 2019? (A negative answer should be Indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) c-1. In 2019, the company purchased $8,056 in new fixed assets. The tax rate is 25 percent. How much in fixed assets did the company sell? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) c-2. What is the cash flow from assets for the year? (Do not round Intermediate calculations and round your answer to the nearest whole number, e.g., 32.) d-1. During 2019, the company raised $2.491 in new long-term debt. What is the cash flow to creditors? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g.. 32.) d-2. How much long-term debt must the company have paid off during the year? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) cBook Print References a. 2018 Owners' equily 2019 Owners' equity b Change in net working capital c-1. Fixed assets sold c-2. Cash flow from assets d-1. Cash flow to creditors d-2. Debt retired
