JUNUI use parenthesis to O. MEIS, USE the negative sign in front of first digit for negative numbers. Round to the nearest dollar. For example, if you obtain $200,436.75 then enter in the box: 200,437 1. What is the net new borrowing from creditors for 2016? A 2. What is the Cash Flow to Creditors (CFC) for 2016? A/3. What is the distributed earnings for 2016? A 4. What is the Cash Flow to Owners (CFO) for 2016? A) 5. What is the Cash Flow From Assets (CFFA) for 2016? 4 Question 12 (1.8 points) Saved X (Estimated time allowance: 20 minutes) Use the financial statements of a company to answer the 4 questions that follow it. When answering the questions (filling in the blanks), DO NOT use dollar signs, USE commas to separate thousands, DO NOT use parenthesis to denote negative numbers, USE the negative sign in front of first digit for negative numbers. Round to the nearest dollar. For example, if you obtain $200,436.75 then enter in the box: 200,437 Partial Income Statement year ending 2016 Sales Revenues $100,000 Cost of goods sold 52,000 Fixed costs 14,500 Selling, general, and administrative expenses 28,250 Depreciation 500 Net Income $3,000 *** Tax rate Interest expense 20% $1,000 ASSETS Current Assets Cash Accounts receivable Inventories Total current assets Gross Fixed assets Accumulated depreciation Net Fixed assets Intangible assets 3,000 5,000 Partial Balance Sheet 12331/2015 LIABILITIES Current Liabilities 2,000 Notes payable 4,000 Accounts payable 7,000 Total current liabilities Long-term debt 65,000 Total Liabilities 5,000 OWNERS' EQUITY 60,000 Retained earnings Common stock Total owner's equity TOTAL LIABILITIES & OWNER'S EQUITY 15,000 23.000 (1) 0 15,000 35,000 50,000 TOTAL ASSETS TOTAL LIABILITIES & OWNER'S EQUITY 50.000 Harta Sheet 12/31/2016 ASSETS Current Assets LIABILITIES Current Liabilities Cash 3,000 Notes payable Accounts receivable 4,000 5,000 Accounts payable Inventories 8.000 8.000 Total current liabilities Total current assets Long-term debt 11.100 Gross Fixed assets 70,000 Total liabilities 23.100 Accumulated depreciation OWNERS' EQUITY Net Fixed Assets 64,500 Retained earnings 17.400 Intangible assets ol Common stock 40.000 Total owner's equity 57,400 TOTAL ASSETS TOTAL LIABILITIES & OWNER'S EQUITY DO NOT use dollar signs, USE commas to separate thousands, DO NOT use parenthesis to denote negative numbers, USE the negative sign in front of first digit for negative numbers. Round to the nearest dollar. For example, if you obtain $200,436.75 then enter in the box: 200,437