22 & 23 & 24

pls tell the right answer

||22. Louis' tire business has total assets of $18 million of which $6 million are current assets. Cash makes up 10 percent of the current assets and accounts receivable makes up another 40 percent of current assets. Louis' gross plant and equipment has an original cost of $13 million and other long-term assets have a cost value of $2 million. Using this information, what are the balance of inventory and the balance of depreciation on his balance sheet? A $3 million, $2 million B. $3 million, $3 million C. $2.4 million, $2 million D. $2.4 million, $3 million 23. (worth 3 points) Full Moon Productions Inc, has net cash flow from financing activities for the last year of S105 million. The company paid S15 million in dividends last year. During the year, the change in notes payable on the balance sheet was an increase of $40 million, and change in common and preferred stock was an increase of $50 million. The end of year balance for long-term debt was $50 million. What was their beginning of year balance for long-term debt? A. $5 million B. $20 million C. S30 million D. $35 million 24. How are present values affected by changes in interest rates? A. The lower the interest rate, the larger the present value will be B. The higher the interest rate, the larger the present value will be. C. Present values are not affected by changes in interest rates. D. One would need to know the future value in order to determine the impact