RITTER CORPORATION Income Statement 2021 Revenue a. Expenses Depreciation b. Net Income Dividends $ 780 580 93 $ 107 RITTER CORPORATION Balance Sheet December 31 $ 87 Assets Cash Other current assets Net fixed assets Total assets Llabilities and Equity Accounts payable Long-term debt Stockholders' equity 2020 2021 $ 58 168 373 $ 599 $ 118 143 338 $71 176 393 $ 640 $ 131 151 Total llabilities and equity $599 $ 640 358 What is the change in cash during 2021? Determine the change in net working capital in 2021. C. Determine the cash flow generated by the firm's assets during 2021.
RITTER CORPORATION Income Statement 2021 Revenue a. Expenses Depreciation b. Net Income Dividends $ 780 580 93 $ 107 RITTER CORPORATION Balance Sheet December 31 $ 87 Assets Cash Other current assets Net fixed assets Total assets Llabilities and Equity Accounts payable Long-term debt Stockholders' equity 2020 2021 $ 58 168 373 $ 599 $ 118 143 338 $71 176 393 $ 640 $ 131 151 Total llabilities and equity $599 $ 640 358 What is the change in cash during 2021? Determine the change in net working capital in 2021. C. Determine the cash flow generated by the firm's assets during 2021.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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