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At the End of Year 19X1 the Corporate Business Sector

Question 136

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At the end of year 19X1 the corporate business sector posted net worth of $60 billion, total investment in plant and equipment of $75 billion, total holdings of financial assets of $131 billion and total debt outstanding of $146 billion. The following year-end, 19X2, total corporate indebtedness climbed to $167 billion, holdings of financial assets fell to $120 billion and net worth increased to $62 billion due to retained profits. Construct a sources and uses of funds statement for the corporate sector for the year 19X2.

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