Question: I need help with this question: 1a.What was the change in New Town's net working capital in 2018 ? 1b.By how much did New Town's

 I need help with this question: 1a.What was the change in

I need help with this question:

1a.What was the change in New Town's net working capital in 2018 ?

1b.By how much did New Town's retained earnings increase in 2018?

1c.What was New Town's net capital spending in 2018? All fixed assets were sold at their book values.

1d.What was New Town's operating cash flow in 2018? Don't worry about the interest deduction tax effect.

2a.What was the cash flow to the firm in 2018?

2b.What was New Town's net borrowing in 2018?

2c.What was the cash flow to New Town's creditors in 2018?

New Town's net working capital in 2018 ?1b.By how much did New

M Revenues $42,629 Interest expense 1,230 Depreciation 2,609 Cash 3,671 Accounts payable 2,325 Accounts receivable 4,601 Fixed Assets 63,069 * New Town is subject to a 40% income tax rate. All fixed asset sales were at book value. New Town Industries (2017 and 2018) M $37,911 Cost of goods sold 1,584 Dividends 2,814 SGA expenses 2,969 Inventory 3,760 Long-term debt 5,318 Common stock 62,110 Accum. depreciation m $23,704 1,200 7,035 3,968 19,105 22,600 21,309 M $24,332 600 5,320 4,503 25,900 19,300 20,000

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