Question: please answer 1,3 and 4 QUESTIONS AND PROBLEMS BASIC (Questions X 1 Building a Balance Sheet L01] Wims, Inc., has current assets of $4.900, net
QUESTIONS AND PROBLEMS BASIC (Questions X 1 Building a Balance Sheet L01] Wims, Inc., has current assets of $4.900, net fixed assets of $27,300, current liabilities of $4,100, and long-term debt of $10,200. What is the value of the shareholders' equity account for this firm? How much is net working capital? 2. Building an Income Statement [L01] Griffin's Goat Farm, Inc., has sales of $796,000, costs of $327,000, depreciation expense of $42,000, interest expense of $34,000, and a tax rate of 21 percent. What is the net income for this firm? 3. Dividends and Retained Earnings [LOL] Suppose the firm in Problem 2 paid out $95,000 in cash dividends. What is the addition to retained earnings? 4. Per-Share Earnings and Dividends [L01] Suppose the firm in Problem 3 had 80,000 shares of common stock outstanding. What is the earnings per share, or EPS, figure? What is the dividends per share figure? 5. Calculating OCF [LO4] Pompeii, Inc., has sales of $46,200, costs of $23,100, depre- X X x
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