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Consider the following abbreviated financial statements for Weston Enterprises: (Do not round intermediate calculations.) WESTON ENTERPRISES 2014 and 2015 Partial Balance Sheets Assets Liabilities and

Consider the following abbreviated financial statements for Weston Enterprises: (Do not round intermediate calculations.)

WESTON ENTERPRISES 2014 and 2015 Partial Balance Sheets
Assets Liabilities and Owners Equity
2014 2015 2014 2015
Current assets $ 946 $ 1,008 Current liabilities $ 385 $ 404
Net fixed assets 3,907 4,600 Long-term debt 2,029 2,197

WESTON ENTERPRISES 2015 Income Statement
Sales $ 12,340
Costs 5,920
Depreciation 1,050
Interest paid 190

a. What is owners' equity for 2014 and 2015?

Owners' equity 2014 $
Owners' equity 2015 $

b. What is the change in net working capital for 2015?

Change in NWC $

c-1.

In 2015, the company purchased $1,875 in new fixed assets. How much in fixed assets did the company sell?

Fixed assets sold $

c-2.

In 2015, what is the cash flow from assets for the year? (The tax rate is 35 percent.)

Cash flow from assets $

d-1.

During 2015, the company raised $420 in new long-term debt. How much long-term debt must the company have paid off during the year?

Debt retired $

d-2.

What is the cash flow to creditors?

Cash flow to creditors $

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