Below is the balance sheet for Northern Comfort Company for December 31 of 2015 and 2016. 2015 2016
Cash 900 1,000
Accounts payable 2,700 3,000
Accounts receivable 2,700 3,000
Current liabilities 2,700 3,000
Inventory 2,700 3,000
Long-term debt 5,400 6,000
Current assets 6,300 7,000
Total liabilities 8,100 9,000
Net fixed assets 11,700 13,000
Equity 9,900 11,000
Total assets 18,000 20,000
Total liab. 18,000 20,000

The income statement for 2016 is also given:

Amount
Sales 48,000
Cost 26,400
Depreciation 7,200
EBIT 14,400
Interest 4,800
Taxes 2400
Net income 7200

Required:
a. What was the operating cash flow for 2016?
b. What was the change in net working capital?
c. What was net capital spending in 2016?
d. What was the CFFA for 2016?

Afreezer manufacturer might purchase sheets of steel, wiring, shelving, and so forth, as part of its final product. this is an example of what sub-classification of business market?

Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1

Suppose the production function in an economy is y = k0.5l0.5, where k is the amount of capital and l is the amount of labor. the economy begins with 64 units of capital and 16 units of labor. use a calculator and equations in the chapter to find a numerical answer to each of the following questions. what are the wage and the rental price of capital? the wage is equal to unit(s) of output and the rental price of capital is equal to unit(s) of output.