Assets Current assets Net fixed assets. Sales Costs Partial Balance Sheets as of December 31, 2021...

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Assets Current assets Net fixed assets. Sales Costs Partial Balance Sheets as of December 31, 2021 and 2022 Liabilities and Owners' Equity Current liabilities Long-term debt Depreciation Interest paid 2021 $ 2,690 12,475 CABO WABO, INCORPORATED 2022 Income Statement 2022 $ 2,852 13,044 $ 40,257 20,189 3,395 929 2021 $1,162 6,445 2022 $ 1,540 6,898 a. What is owners' equity for 2021 and 2022? Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. b. What is the change in net working capital for 2022? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. c-1. In 2022, the company purchased $7,088 in new fixed assets. The tax rate is 22 percent. How much in fixed assets did the company sell? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. c-2. What is the cash flow from assets for the year? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. d-1. During 2022, the company raised $2,134 in new long-term debt. What is the cash flow to creditors? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. company sell? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. c-2. What is the cash flow from assets for the year? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. d-1. During 2022, the company raised $2,134 in new long-term debt. What is the cash flow to creditors? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. d-1. How much long-term debt must the company have paid off during the year? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. a. 2021 Owners' equity 2022 Owners' equity b. Change in NWC c-1. Fixed assets sold c-2. Cash flow from assets d-1. Cash flow to creditors d-2. Debt retired Assets Current assets Net fixed assets. Sales Costs Partial Balance Sheets as of December 31, 2021 and 2022 Liabilities and Owners' Equity Current liabilities Long-term debt Depreciation Interest paid 2021 $ 2,690 12,475 CABO WABO, INCORPORATED 2022 Income Statement 2022 $ 2,852 13,044 $ 40,257 20,189 3,395 929 2021 $1,162 6,445 2022 $ 1,540 6,898 a. What is owners' equity for 2021 and 2022? Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. b. What is the change in net working capital for 2022? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. c-1. In 2022, the company purchased $7,088 in new fixed assets. The tax rate is 22 percent. How much in fixed assets did the company sell? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. c-2. What is the cash flow from assets for the year? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. d-1. During 2022, the company raised $2,134 in new long-term debt. What is the cash flow to creditors? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. company sell? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. c-2. What is the cash flow from assets for the year? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. d-1. During 2022, the company raised $2,134 in new long-term debt. What is the cash flow to creditors? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. d-1. How much long-term debt must the company have paid off during the year? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. a. 2021 Owners' equity 2022 Owners' equity b. Change in NWC c-1. Fixed assets sold c-2. Cash flow from assets d-1. Cash flow to creditors d-2. Debt retired

Answer rating: 100% (QA)

SL No Particulars Amount a 2021 Owners equity 7558 2022 Owners equity 7458 b Change in Net Working C... View the full answer