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(Working with financial statements) Based on the balance sheet, , and income statement, , for T. P. Jarmon Company for the year ended December 3t,
(Working with financial statements) Based on the balance sheet, , and income statement, , for T. P. Jarmon Company for the year ended December 3t, 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 baiance 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 $ (Round to the nearest dollar.) Data table T. P. Jarmon Company Income Statement for Years Ended 12/31/2018 Sales Less cost of goods sold Gross profit $600,300459,900$140,400 Operating and interest expenses General and administrative Interest Depreciation $29,80010,00029,800 Total operating and interest expenses Earnings before taxes Taxes Net income available to common stockholders Cash dividends Change in retained earnings
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