Ritter corporations accountants prepared the following


Question: Ritter Corporation's accountants prepared the following financial statements for year-end 2015: (Do not round intermediate calculations.) RITTER CORPORATION Income Statement 2015 Revenue $ 770 Expenses 575 Depreciation 92 Net income $ 103 Dividends $ 83 RITTER CORPORATION Balance Sheets December 31 2015 2014 Assets Cash $ 69 $ 57 Other current assets 174 167 Net fixed assets 392 372 Total assets $ 635 $ 596 Liabilities and Equity Accounts payable $ 129 $ 117 Long-term debt 149 142 Stockholders' equity 357 337 Total liabilities and equity $ 635 $ 596

a. What is the change in cash during 2015? Change in cash $

b. Determine the change in net working capital in 2015. Change in net working capital $

c. Determine the cash flow generated by the firm's assets during 2015. Cash flow from assets $

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Finance Basics: Ritter corporations accountants prepared the following
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