Rousey, Inc., had a cash flow to creditors of $16,470 and a cash flow to stockholders of $6,866 over the past year. The company also had net fixed assets of $49,430 at the beginning of the year and $56,800 at the end of the year. Additionally, the company had a depreciation expense of $11,988 and an operating cash flow of $50,399. What was the change in net working capital during the year?

Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan