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Consider the following abbreviated financial statements for Cabo Wabo, Incorporated: a . What is owners' equity for 2 0 2 1 and 2 0 2

Consider the following abbreviated financial statements for Cabo Wabo, Incorporated:
a. What is owners' equity for 2021 and 2022?
Note: 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 2022?
Note: 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 2022, the company purchased $7,966 in new fixed assets. The tax rate is 25 percent. How much in fixed assets did the
company sell?
Note: 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?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g.,32.
d-1. During 2022, the company raised $2,431 in new long-term debt. What is the cash flow to creditors?
Note: 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?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g.,32.
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