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Use these financial statements to answer the questions. Balance Sheet 2 0 0 6 2 0 0 7 2 0 0 6 2 0 0

Use these financial statements to answer the questions.
Balance Sheet
2006200720062007
Cash $ 2,400 $ 3,200 Accounts payable $ 9,400 $ 13,500
Accounts receivable 8,10010,500 Long-term debt 31,80027,400
Inventory 19,30022,900 Common stock 45,00050,000
Net fixed assets 64,80066,100 Retained earnings 8,40011,800
Total assets $94,600 $102,700 Total liabilities and equity $94,600 $102,700
Income Statement
Net Sales $128,400
Costs 101,600
Depreciation 7,400
EBIT 19,400
Interest 2,100
Taxable income 17,300
Taxes 5,900
Net Income $ 11,400
1) What is the amount of the current assets for 2007?
2) What is the change in net working capital?
3) What is the operating cash flow?
4) What is the net capital spending?
5) What is the cash flow from assets?

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