1.
2014 | 2015 | |
Owners Equity | $ 2,552 | $ 3,299 |
2.
2014 | 2015 | Change in Working Capital | |
Current Assets | $ 1,000 | $ 1,089 | |
Less : Current Liabilities | 402 | 451 | |
Net Working Capital | $ 598 | $ 638 | $ 40 |
3. Fixed assets sold during 2015 = $ 4,144 + $ 2,080 - $ 1,136 -- $ 4,990 = $ 98.
4. Cash flow from assets: $ 2,912.
Workings:
Net capital spending = Fixed assets purchased - Fixed Assets sold = $ 2,080 - $ 98 = $ 1,982.
Operating cash flows = EBIT + Depreciation - Taxes = $ 5,669 + $ 1,136 - $ 1,871 = $ 4,934.
Cash flow from assets = Operating cash flows - Net Capital Spending - Net change in NWC = $ 4,934 - $ 1,982 - $ 40 = $ 2,912.
Assets Liabilities and Owners' Equity 2014 2015 2014 2015 Current Assets 1,000.00 $1,089.00 Current Liabilities $402.00...
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