8. A company reported the following data for a given year: $24 million in net...

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8. A company reported the following data for a given year: • $24 million in net income $230 million in common stock $56 million in preferred stock $78 million retained earnings Based on the data reported, what is the total common equity (in millions)? 0 m UN 9. A company reported $56 million in interest expense and this company was subject to 20% tax rate. What is the net burden of interest (.e., after-tax interest expense) in millions? 308 388 € o $56 O $67.2 11 $11.2 10. A company reported the following data: Accounts receivable (2021): $450,000 Accounts receivable (2020): $525,000 Accounts payable (2021): $600,000 Accounts payable (2020): $500,000 What is the net effect of these items on the 2021 Statement of Cash Flows? o $25,000 o $25,000 o $175,000 o $175,000 8. A company reported the following data for a given year: • $24 million in net income $230 million in common stock $56 million in preferred stock $78 million retained earnings Based on the data reported, what is the total common equity (in millions)? 0 m UN 9. A company reported $56 million in interest expense and this company was subject to 20% tax rate. What is the net burden of interest (.e., after-tax interest expense) in millions? 308 388 € o $56 O $67.2 11 $11.2 10. A company reported the following data: Accounts receivable (2021): $450,000 Accounts receivable (2020): $525,000 Accounts payable (2021): $600,000 Accounts payable (2020): $500,000 What is the net effect of these items on the 2021 Statement of Cash Flows? o $25,000 o $25,000 o $175,000 o $175,000

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