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-|---------g ----- -----:- - -- - 1. Cash Flows Hitter Corporation's accountants prepared the following nancial statements for year- end 2014. FlITTEFt CDHPDRATIDH Income Statement

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-|---------g ----- -----:- - -- - 1. Cash Flows Hitter Corporation's accountants prepared the following nancial statements for year- end 2014. FlITTEFt CDHPDRATIDH Income Statement 2 D 1 4 Fleyen ue $1 .035 Expenses 730 Depreciation 3'5 EBT W Tax 73 Net income m Dividends $ 22 BITTER GURPDHATIDH Balance Sheets December 31 Meets Cash $ 76 $ El] Other current assets 246 230 Net fixed assets 350 316 Total assets as? m Liabilities and Equity Accounts payable $280 $ 289 Long-term debt 0 70 Stockhoiders' equity E 32? Total liabilities and equity $972 $1,100 a. Explain the change in cash during the year 2014. 1:. Determine the change in net working capital in 2014. c. Determine the cash flow generated by the firm '5 assets during the year 2014. 0HAPTE02

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