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Partial income statement (2017) Sales revenue $350,000 Cost of goods sold $140,000 Fixed costs $43,000 Selling general, and administrative expenses $28,000 Depreciation $46,000 Partial balance
Partial income statement (2017) Sales revenue $350,000 Cost of goods sold $140,000 Fixed costs $43,000 Selling general, and administrative expenses $28,000 Depreciation $46,000 Partial balance sheet (2016) Assets Liabilities and owners' equity Cash $16.000 Notes payable $14,000 Accounts receivable $28,000 Accounts payable $19.000 Inventories $48.000 Long term debt $190,000 Fixed assets $368,000 Accumulated depreciation $142.000 Retained carings Intangible assets $82,000 Common stock $130.000 Partial balance sheet (2017) Assets Liabilities and owners' equity Cash $26.000 Notes payable $12,000 Accounts receivable $19.000 Accounts payable $24,000 Inventories $53.000 Long-term debt $162,000 Fixed assets $448.000 Accumulated depreciation Retained earnings Intangible assets $82.000 Common stock $180.000 Enter your answers without dollar signs and with commas le...common stock = 180,000) The company paid interest expense of $10,000 for 2017 and had an overall tax rate of 40% for 2017. What is net new borrowing in 2017? What is cash flow to creditors in 2017 e to search RI C 99 line
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