Question

Lola Corp, has shareholders equity of $128,600. The company has a total debt of $120.950, of which 55 percent is payable in
Hoodoo Voodoo Co. has total assets of $64,650, net working capital of $19,525, owners equity of $31,665, and long term debt
Ivans, Inc.. paid $470 in dividends and $580 in interest this past year. Common stock increased by $190 and retained earning
Maynard Enterprises paid $1,384 in dividends and $1.067 in interest over the past year. The common stock account increased by
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Answer #1

1.
=Equity+Debt-Net Fixed Assets-Debt*% payable in 12 months
=128600+120950-174320-120950*55%
=8707.5

2.
=Working Capital+Total Assets-Equity-Debt
=19525+64650-31665-22235
=30275

3.
=+Dividends Paid+Change in Retained Earnings
=470+(-116)
=354

4.
=Dividends Paid+Change in Retained Earnings
=1384+(-379)
=1005

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