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Consider the following abbreviated financial statements for Weston Enterprises: (Do not round intermediate calculations.) WESTON ENTERPRISES...

Consider the following abbreviated financial statements for Weston Enterprises: (Do not round intermediate calculations.) WESTON ENTERPRISES 2014 and 2015 Partial Balance Sheets Assets Liabilities and Owners’ Equity 2014 2015 2014 2015 Current assets $ 926 $ 1,007 Current liabilities $ 370 $ 416 Net fixed assets 3,947 4,560 Long-term debt 2,009 2,147 WESTON ENTERPRISES 2015 Income Statement Sales $ 11,390 Costs 5,570 Depreciation 1,050 Interest paid 150 a. What is owners' equity for 2014 and 2015? Owners' equity 2014 $ Owners' equity 2015 $ b. What is the change in net working capital for 2015? Change in NWC $ c-1. In 2015, the company purchased $1,825 in new fixed assets. How much in fixed assets did the company sell? Fixed assets sold $ c-2. In 2015, what is the cash flow from assets for the year? (The tax rate is 35 percent.) Cash flow from assets $ d-1. During 2015, the company raised $370 in new long-term debt. How much long-term debt must the company have paid off during the year? Debt retired $ d-2. What is the cash flow to creditors? Cash flow to creditors $

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