Consider the following abbreviated financial statements for Barrie Enterprises:
BARRIE Enterprises 2017 and 2018 Partial Statement of Financial Position Liabilities and Assets Owner’s Equity 2017 2018 2017 2018 Current assets $ 916 $ 992 Current liabilities $ 366 $ 410 Net fixed assets 3,787 4,556 Long-term debt 2,001 2,128 BARRIE Enterprises 2018 Statement of Comprehensive Income Sales $ 11,750 Costs 5,411 Depreciation 1,043 Interest paid 296
a. What is owner’s equity for 2017 and 2018? (Omit $ sign in your response.) Owner’s equity 2017 Owner’s equity 2018
b. What is the change in net working capital for 2018? (Omit $ sign in your response.) Change in NWC
c1. In 2018, Barrie Enterprises purchased $1,901 in new fixed assets. How much in fixed assets did Barrie Enterprises sell? (Omit $ sign in your response.) Fixed assets sold $
c2. In 2018, Barrie Enterprises purchased $1,901 in new fixed assets. What is the cash flow from assets for the year? (The tax rate is 35%.) (Omit $ sign in your response.) Cash flow from assets
d1. During 2018, Barrie Enterprises raised $380 in new long-term debt. How much long-term debt must Barrie Enterprises have paid off during the year? (Omit $ sign in your response.) Debt retired $
d2. During 2018, Barrie Enterprises raised $380 in new long-term debt. What is the cash flow to creditors? (Omit $ sign in your response.) Cash flow to creditors
