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Need only c-2 answered.. this is the 3rd attempt. please help Consider the following abbreviated financial statements for Weston Enterprises: Assets WESTON ENTERPRISES 2016 and
Need only c-2 answered..
this is the 3rd attempt. please help
Consider the following abbreviated financial statements for Weston Enterprises: Assets WESTON ENTERPRISES 2016 and 2017 Partial Balance Sheets Liabilities and Owners' Equity 2016 2017 2016 2017 $ 944 $1,004 Current liabilities $ 380 $ 413 3,877 4,596 Long-term debt 2,031 2,192 Current assets Net fixed assets es WESTON ENTERPRISES 2017 Income Statement Sales $12,245 Costs 5,885 Depreciation 1,000 Interest paid 180 a. What was owners' equity for 2016 and 2017? (Do not round intermediate calculations.) Owners' equity 2016 Owners' equity 2017 $ $ $2410 $2995 b. What was the change in net working capital for 2017? (Do not round intermediate calculations.) Change in NWC $ $271Step by Step Solution
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