Based on the information for Norwegian Bristling Company for the year ended December 31, 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.
Interpret your results.

c. Compute the changes in the balance sheets from 2017 to 2018. What do you learn about Norwegian Bristling from these computations? How do these numbers relate to the statement of cash flows?

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Norwegian Bristling Company Balance sheet for 12/31/2017 and 12/31/2018 Cash Assets 2017 2018 NOK16,000 NOK15,000 Marketable securities 7,000 7,500 Accounts receivable 45,000 35,000 Inventory Prepaid rent 60,000 95,000 NOK2,000 NOK3.000 Total current assets NOK130,000 NOK155,500 Net plant and equipment 290,000 300,500 Total assets NOK420,000 NOK456,000