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Ritter Corporation's accountants prepared the following financial statements for year- end 2019: (Do not round intermediate calculations.) RITTER CORPORATION Income Statement 2019 950 Revenue $
Ritter Corporation's accountants prepared the following financial statements for year- end 2019: (Do not round intermediate calculations.) RITTER CORPORATION Income Statement 2019 950 Revenue $ 665 Expenses Depreciation 110 Net income $ 175 Dividends $ 155 RITTER CORPORATION Balance Sheets December 31 2018 2019 Assets Cash $105 $ 75 185 Other current assets 210 390 Net fixed assets 410 Total assets 650 $ $725 Liabilities and Equity Accounts payable Long-term debt Stockholders' equity $ 135 160 355 $ 165 185 375 Total liabilities and equity 650 $ $725 a. What is the change in cash during 2019? b. Determine the change in net working capital in 2019. c. Determine the cash flow generated by the firm's assets during 2019. a. Change in cash b. Change in net working capital C. Cash flow from assets
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