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Question 2 (10 points): Consider the following financial statements for year-end 2019. Cari Farm Income Statement Cari Farm Balance Sheets 2019 December 31 2018
Question 2 (10 points): Consider the following financial statements for year-end 2019. Cari Farm Income Statement Cari Farm Balance Sheets 2019 December 31 2018 2019 Revenue $780 Assets Expenses 620 Cash $ 38 $ 45 Depreciation 50 Other current assets 143 140 EBT $110 Net Intermediate 320 408 assets Tax 39 Total assets $501 $593 Net Income $ 71 Dividends Liabilities & Equity $ 22 Accounts payable $140 $143 Long-term debt 0 40 Stockholders' equity 361 410 Total liabilities & $501 $593 equity a. Explain the change in cash during the year 2019. b. Determine the change in net working capital. c. Determine the cash flow generated by the firm's assets during the year 2019.
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