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Please answer b and c parts. Problem 3-16 (similar to) (Working with financial statements) Based on the balance sheet, E, and income statement, :: for

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Please answer b and c parts.

Problem 3-16 (similar to) (Working with financial statements) Based on the balance sheet, E, and income statement, :: for T. P. Jarmon Company for the year ended December 31, 2018 a. How much is the firm's net working capital and what is the debt ratio? b. Complete a statement of cash flows for the period. c. Compute the changes in the balance sheets from 2017 to 2018. x Data Table a. How much is the firm's net working capital and what is the debt ratio? The net working capital is $[. (Round to the nearest dollar.) T. P. Jarmon Company Income Statement for Years Ended 12/31/2018 Sales $ 600,200 460,000 $ 140,200 Less cost of goods sold Gross profit Operating and interest expenses General and administrative $ 30, 100 Interest 9,900 30,200 Depreciation $ 70,200 Total operating and interest expenses Earnings before taxes $ 70,000 28,000 Taxes Net income available to common stockholders $ 42,000 31,900 Cash dividends $ 10,100 Change in retained earnings Using the browser's print will lead to an undesirable print-out. Use the Print item from the "Question Help" menu to get a better prim-eudarmon Company Balance Sheet for 12/31/2017 and 12/31/2018 Assets 2017 2018 Cash $ 15,000 $ 13,900 Marketable securities 6.000 6,300 Accounts receivable 42,000 33,000 Inventory 51,000 82,500 Prepaid rent 1,200 1.100 $ 115,200 Total current assets $ 136,800 Net plant and equipment $ 286,000 $ 270,200 Total assets $ 401,200 $ 407,000 Liabilities and Equity 2017 2018 Accounts payable $ 48,000 $ 56,900 Accruals 6,000 4,900 Notes payable 15,000 12,800 Total current liabilities $ 69,000 $ 74,600 Long-term debt $ 160,000 $ 150,100 Common stockholders' equity $ 172,200 $ 182,300 Total liabilities and equity $ 401,200 $ 407,000

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