Question: **Only G** 9. Consider the following summary financial statements for Yosemite Enterprises: Yosemite Enterprises 2016 and 2017 Partial Balance Sheets Assets Liabilities and Owners' Equity

**Only G** **Only G** 9. Consider the following summary financial statements for Yosemite Enterprises:

9. Consider the following summary financial statements for Yosemite Enterprises: Yosemite Enterprises 2016 and 2017 Partial Balance Sheets Assets Liabilities and Owners' Equity 2016 2017 2016 2017 Current assets $500 $800 Current Liabs $300 $400 Net fixed assets 3,000 4,000 L/T Debt 2,000 3,000 Yosemite Enterprises 2017 Income Statement Sales $20,000 Costs 15,000 Depreciation 1,000 Interest Paid 200 48800 2 2016- $1,200 a. What is owners' equity for 2016 and 2017? 2017 - 41,400 b. What is the change in net working capital for 2017?-200 c. What is Operating Cash Flow for 2017? (The tax rate is 35%.) $3,870 d. In 2017, Yosemite purchases $2500 in new fixed assets. How much in fixed assets did Yosemite sell? What is the cash flow from assets for the year? 11.670 5500 e. During 2017, Yosemite raised $1500 in new long-term debt. How much long-term debt must Yoesmite have paid off during the year? What is cash flow to the creditors in 2017? $500 1800 1. During 2017, Yosemite paid $2570 in dividends, issued new equity of $300, and did no equity repurchases. What is cash flow to equity-holders? - $ 2.770 g. Construct a Statement of Financial Cash Flow for Yosemite for 2017

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