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

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Finance

Ritter Corporation’s accountants prepared the followingfinancial statements for year-end 2019: (Do not roundintermediate calculations.)

  

RITTER CORPORATION
Income Statement
2019
  Revenue$920
  Expenses650
  Depreciation107
  Net income$163  
  Dividends$143

   

RITTER CORPORATION
Balance Sheets
December 31
20182019
Assets
   Cash$72$99
   Other current assets182204
   Net fixed assets387407
     Total assets$641$710
Liabilities and Equity
   Accounts payable$132$159
   Long-term debt157179
   Stockholders’ equity352372
     Total liabilities and equity$641$710

         

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 during2019.


   

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