Consider the following abbreviated financial statements for Barrie Enterprises: BARRIE Enterprises 2014 and 2015 Partial...
|
Consider the following abbreviated financial statements for Barrie Enterprises: |
| BARRIE Enterprises 2014 and 2015 Partial Statement of Financial Position |
||||||||||||||
| Assets | Liabilities and Owners’ Equity | |||||||||||||
| 2014 | 2015 | 2014 | 2015 | |||||||||||
| Current assets | $ | 914 | $ | 990 | Current liabilities | $ | 365 | $ | 410 | |||||
| Net fixed assets | 3,767 | 4,536 | Long-term debt | 1,991 | 2,117 | |||||||||
| BARRIE Enterprises 2015 Statement of Comprehensive Income |
||
| Sales | $ | 11,592 |
| Costs | 5,405 | |
| Depreciation | 1,033 | |
| Interest paid | 294 | |
| c1. |
In 2015, Barrie Enterprises purchased $1,890 in new fixed assets. How much in fixed assets did Barrie Enterprises sell? |
| c2. |
In 2015, Barrie Enterprises purchased $1,890 in new fixed assets. What is the cash flow from assets for the year? (The tax rate is 35 percent.) |
| d1. |
During 2015, Barrie Enterprises raised $378 in new long-term debt. How much long-term debt must Barrie Enterprises have paid off during the year? |
| d2. |
During 2015, Barrie Enterprises raised $378 in new long-term debt. What is the cash flow to creditors? |
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Consider the following abbreviated financial statements for
Barrie Enterprises:
BARRIE Enterprises
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Consider the following abbreviated financial statements for Barrie Enterprises: BARRIE Enterprises 2017 and 2018 Partial Statement...
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Consider the following abbreviated financial statements for Barrie Enterprises: BARRIE Enterprises 2017 and 2018 Partial Statement...
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Consider the following abbreviated financial statements for Barrie Enterprises:
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