Here are the 2018 and 2019 (incomplete) balance sheets for Newble Oil Corp.   .1)What was the change in net working capital between 2018 and 2019? 2)If Newble issued $210 million of new long-term debt, how much debt must have been paid off during the year? (Enter your answer in millions.) BALANCE SHEET AT END OF YEAR (Figures in $ millions) Assets 2018 2019 Liabilities and Shareholders' Equity 2018 2019 Current assets $ 315   $ 445   Current liabilities $ 235   $ 245   Net fixed assets   1,250     1,445   Long-term debt   855     970

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Here are the 2018 and 2019 (incomplete) balance sheets for Newble Oil Corp.

 

.1)What was the change in net working capital between 2018 and 2019?

2)If Newble issued $210 million of new long-term debt, how much debt must have been paid off during the year? (Enter your answer in millions.)

BALANCE SHEET AT END OF YEAR
(Figures in $ millions)
Assets 2018 2019 Liabilities and Shareholders' Equity 2018 2019
Current assets $ 315   $ 445   Current liabilities $ 235   $ 245  
Net fixed assets   1,250     1,445   Long-term debt   855     970  

 

 

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