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Please help with B. C. Thank you for your help! Homework: Homework 3 Save Score: 0.11 of 2 pts 5 of 5 (5 complete) HW

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Please help with

B.

C.

Thank you for your help!

Homework: Homework 3 Save Score: 0.11 of 2 pts 5 of 5 (5 complete) HW Score: 70.88%, 7.09 of 10 pts % Problem 3-16 (similar to) Question Help and income statement, , for T. P. Jarmon Company for the year ended December 31, (Working with financial statements) Based on the balance sheet, 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. a. How much is the firm's net working capital and what is the debt ratio? The net working capital is $ 62220. (Round to the nearest dollar.) The debt ratio is 55.4 %. (Round to one decimal place.) b. Complete a statement of cash flows for the period. Complete the operating activities part of the statement of cash flows: (Round to the nearest dollar. NOTE: Input cash inflows as positive values and cash outflows as negative values.) Statement of Cash Flows Cash flows from Operating Activities 41,820 Net income Adjustments 30,000 (200) 9,100 Depreciation Increase in marketable securities Decrease in accounts receivable Prepaid expenses Increase in inventories (less A/P) Decrease in accruals -32520 (800) Net cash provided by operating activities 47400 Enter any number in the edit fields and then click Check Answer. 4 parts 4 remaining Clear All Check Answer i Data Table T. P. Jarmon Company Balance Sheet for 12/31/2017 and 12/31/2018 Assets 2017 2018 Cash $ 15,000 $ 13,800 Marketable securities 6,000 6,200 Accounts receivable 42,000 32,900 Inventory 51,000 83,520 Prepaid rent 1,200 1,200 Total current assets $ 115,200 $ 137,620 Net plant and equipment $ 286,000 $ 270,500 $ 401,200 $ 408,120 Total assets Liabilities and Equity 2017 $ 48,000 6,000 15,000 Accounts payable Accruals $ 2018 57,100 5,200 13,100 Notes payable Total current liabilities $ 69,000 $ 75,400 Long-term debt $ $ 160,000 172,200 Common stockholders' equity $ $ $ 150,500 182,220 408,120 $ 401,200 Total liabilities and equity Print Done i Data Table T. P. Jarmon Company Income Statement for Years Ended 12/31/2018 Sales $ 599,500 460,100 $ 139,400 Less cost of goods sold Gross profit Operating and interest expenses General and administrative Interest $ 29,800 9,900 30,000 Depreciation $ 69,700 Total operating and interest expenses Earnings before taxes $ 69,700 27,880 Taxes . Net income available to common stockholders Cash dividends $ 41,820 31,800 $ 10,020 Change in retained earnings Print Done

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