$3-16.($Working with financial statements$)$ P$.$ Jarmon Company Balance Sheet for Dec. $31,2017$ and Dec. $31,2018$

$\backslash$table$[[,$Assets,$],[,2017,2018],[$Cash$,$$$15,000,$$$14,000$Based on the information for T$.$ P$.$ Jarmon Company for the year ended December $31,2018$:

$$How much is the firm's net working capital and what is the debt ratio?

$$Complete a statement of cash flows for the period. Interpret your results.

$$Compute the changes in the balance sheets from $2017$ to $2018.$ What do you learn about T$.$ P$.$ Jarmon from these computations? How do these numbers relate to the statement of cash flows?

T$.$ P$.$ Jarmon Company Balance Sheet for Dec. $31,2017$ and Dec. $31,2018$CHAPTER $3-$ Understanding Finoncial Statements

T$.$ P$.$ larman Company lacome Statement for the Year Erted Dec. $31,2018$