Question: solve Partial Income Statement year ending 2 0 1 6 Sales Revenues$ 1 0 0 , 0 0 0 Cost of goods sold 5 2

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Partial Income Statement year ending 2016 Sales Revenues$100,000Cost of goods sold52,000Fixed costs14,500Selling, general, and administrative expenses28,250Depreciation500ense0IncomeTaxesNet Income$3,000*** Tax rate20%Interest expense$1,000Partial Balance Sheet 12/31/2015ASSETSLIABILITIESCurrent AssetsCurrent Liabilities Cash2,000 Notes payable3,000 Accounts receivable4,000 Accounts payable5,000 Inventories7,000Total current liabilitiesTotal current assets Long-term debt15,000 Gross Fixed assets65,000Total Liabilities23,000 Accumulated depreciation5,000OWNERS' EQUITY Net Fixed assets60,000 Retained earnings (1)15,000 Intangible assets0 Common stock35,000Total long-term assets60,000Total owner's equity50,000TOTAL ASSETSTOTAL LIABILITIES & OWNER'S EQUITYPartial Balance Sheet 12/31/2016ASSETSLIABILITIESCurrent AssetsCurrent Liabilities Cash3,000 Notes payable4,000 Accounts receivable5,000 Accounts payable8,000 Inventories8,000Total current liabilitiesTotal current assets Long-term debt11,100 Gross Fixed assets70,000Total liabilities23,100 Accumulated depreciationOWNERS' EQUITY Net Fixed Assets64,500 Retained earnings17,400 Intangible assets0 Common stock40,000Total long-term assets64,500Total owner's equity57,400TOTAL ASSETSTOTAL LIABILITIES & OWNER'S EQUITY
1. What is the net new borrowing from creditors for 2016?
2. What is the Cash Flow to Creditors (CFC) for 2016?
3. What is the distributed earnings for 2016?
4. What is the Cash Flow to Owners (CFO) for 2016?
5. What is the Cash Flow From Assets (CFFA) for 2016?

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