Ritter Corporation’s accountants prepared the following
financial statements for year-end 2019: (Do not round
intermediate calculations.)
 Â
RITTER CORPORATION
Income...
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Finance
Ritter Corporation’s accountants prepared the followingfinancial statements for year-end 2019: (Do not roundintermediate calculations.)
 Â
RITTER CORPORATION
Income Statement
2019
  Revenue
$
920
  Expenses
650
  Depreciation
107
  Net income
$
163Â Â
  Dividends
$
143
  Â
RITTER CORPORATION
Balance Sheets
December 31
2018
2019
Assets
   Cash
$
72
$
99
   Other current assets
182
204
   Net fixed assets
387
407
     Total assets
$
641
$
710
Liabilities and Equity
   Accounts payable
$
132
$
159
   Long-term debt
157
179
   Stockholders’ equity
352
372
     Total liabilities and equity
$
641
$
710
        Â
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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