Question

Ritter Corporation’s accountants prepared the following financial statements for year-end 2019: (Do not round intermediate calculations.)...

Ritter Corporation’s accountants prepared the following financial statements for year-end 2019: (Do not round intermediate calculations.)

  

RITTER CORPORATION
Income Statement
2019
  Revenue $ 840
  Expenses 610
  Depreciation 99
  Net income $ 131  
  Dividends $ 111

   

RITTER CORPORATION
Balance Sheets
December 31
2018 2019
Assets
   Cash $ 64 $ 83
   Other current assets 174 188
   Net fixed assets 379 399
     Total assets $ 617 $ 670
Liabilities and Equity
   Accounts payable $ 124 $ 143
   Long-term debt 149 163
   Stockholders’ equity 344 364
     Total liabilities and equity $ 617 $ 670

         

a. What is the change in cash during 2019?
b. Determine the change in net working capital in 2019.
c. Determine the cash flow generated by the firm’s assets during 2019.

a.Change in cash $19

b.Change in net working capital $14

c.Cash flow from assets

Only need part C

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