Balance Sheet

Assets		Liabilities
Current Assets		Current Liabilities
Cash	50	Accounts payable	42
Accounts receivable	22	Notes payable/short-term debt	7
Inventories	17
Total current assets	89	Total current liabilities	49
Long-Term Assets		Long-Term Liabilities
Net property, plant, and equipment	121	Long-term debt	128
Total long-term assets	121	Total long-term liabilities	128
		Total Liabilities	177
		Shareholders' Equity	33
Total Assets	210	Total Liabilities and Shareholders' Equity	210

Q.1. The above diagram shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's net working capital?
Q.2. Romo, Inc. has current assets of $1850, net fixed assets of $8,600, current liabilities of $1,600, and long term debt of $6,100. What is the value of the shareholders’ equity account for this firm?  Q.4. Fyre, Inc., has sales of $625,000,costs of $260,000, depreciation expense of $79,000, interest expense of $43,000, and a tax rate of 35 percent. What is the net income for this firm?
Q.5. Suppose U.S corporation has 18 million shares outstanding at the end of 2008. If its Net earnings that year is equal to $10 million out of which it distributes dividends equivalent to $5 million, what is the earnings per share for the firm? What is dividends per share?

a 1 Income Statement for Xenon Manufacturing: 0 Total sales Cost of sales Gross Profit Selling, general, 0 and administrative expenses Research and development Depreciation and amortization Other income 1 Earnings before interest and taxes (EBIT) Interest income (expense) Pretax income Taxes Net Income 14 A. $0.49 B. $0.33 OC. $0.20 OD. $0.41 2008 202 -148. 54 -22 -8 -4 4 24 -L 10 12 2009 212 -172 40 - 20 -7 -3 6 16 -4 -3 Consider the above Income Statement for Xenon Manufacturing All values are in millions of dollars. If Xenon Manufacturing has 22 million shares outstanding, what is its EPS in 2009?