Please answer question based on the following information from William Widget Inc.

Income Statement 2015 and 2016

Income Statement	2015	2016
Sales	325,000	373,750
COGS	211,250	248,544
SGA	39,000	46,719
Depreciation	32,500	37,375
EBIT	42,250	41,113
Interest	4,275	5,089
EBT	37,975	36,024
Taxes (35%)	13,291	12,608
Net Income	24,684	23,415
Dividend payout	50%	40%

Balance Sheet as of December 31, 2015

Cash	26,000		Accounts payable	46,475
Accounts Receivable	22,750		Notes payable	16,250
Inventory	38,025		Current Liabilities	62,725
Current assets	86,775
			Long-term debt	55,000
Net Fixed assets	205,000		Owner's equity	174,050
Total assets	291,775		Total liability & equity	291,775

Balance Sheet as of December 31, 2016

Cash	26,163		Accounts payable	54,680
Accounts Receivable	28,031		Notes payable	29,811
Inventory	49,709		Current Liabilities	84,491
Current assets	103,903
			Long-term debt
Net Fixed assets	223,688		Owner's equity
Total assets	327,590		Total liability & equity	327,590

1. Operating cash flow for 2016 is?

Group of answer choices

Less than $61,000

Between $61,000-$63,000

Over $64,000

Between $63,000-$64,000

2.

What is owner's equity for 2016?

Group of answer choices

Between $185,000-$190,000

Less than $180,000

Between $180,000-$185,000

Greater than $190,000

3.

ROE for William Widget Inc. in 2015 is?

Group of answer choices

Less than 10%

12-14%

10-12%

Over 14%