Here are the $2020$ and $2021($incomplete$)$ balance sheets of Nobel Oil Corp.

a$.$ What was owners' equity at the end of $2020$ and $2021?$

b$.$ If Nobel paid dividends of $$100$ in $2021,$ and made no stock issues, what must

have been net income during the year?

c$.$ If Nobel purchased $$300$ in fixed assets during the year, what must have been

the depreciation charge on the income statement?

d$.$ What was the change in net working capital between $2020$ and $2021?$

e$.$ If Nobel issued $$200$ of new long$-$term debt, how much debt must have been

paid off during the year?

A firm's income statement included the following data. The firm's average tax

rate was $20$ percent.

a$.$ What was the firm's net income?

b$.$ What must have been the firm's revenue?

c$.$ What was EBIT?