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Please help number seven and eight
Times New 10 Paste Styles Styles Pane Use these financial statements to answer the questions on this quiz. Balance Sheet Cash Accounts receivable Inventory Net fixed assets Total assets 2004 2005 S 1100 1,300 3,900 3,600 5,600 5,100 12,800 Accounts payable Long-term debt Common stock Retained earnings Total liabilities and equity 2004 2005 S 3,000 S 2,100 6,800 7,300 8,800 9,000 2,900 4,400 10,900 Income Statement $41,000 Net Sales Costs Depreciation EBIT Interest Taxable income 7,900 400 7,500 Net Income 1. What is the amount of the current assets for 2005? 0 a. $4,900 b. $10,000 c. S10,600 d. $22,800
Styles Styles Pane Taxable income 7,500 1,125 S 6,375 Net Income 1. What is the amount of the current assets for 2005? 2. What is the amount of the net working capital for 2005? 3. What is the total amount of stockholders equity for 2005? a. $4,900 b. $10,000 c. $10,600 d. $22,800 c. $7,900 c, $13,400 c. $4,625 a. $600 b. $2,800 d. $13,400 a. $4,400 b. $9,000 d. $22,800 4. What is the amount of the non-cash expenses? b. $2,000 a. $1,600 d. $4,875 5. What is the amount of dividends paid this year? b. $4,875 a. $3,575 c. $6,375 d. $7,875 6. What is the amount of the cash flow from operations? b. $7,900 a. $6,375 c. $7,975 d. $8,375 What is the amount of net capital spending? a. $300 7. b. $1,900 c. $2,900 d. $3,500 8. What is the change in net working capital (assume inventory sold in less than 1 year)? b. -$300 c. $300 d. $800
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-1, 200 10900+1600 Option Д 30 0 (300) ( s00) Cash 900 200it

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