Question: Please show all working and answer all the questions if possible 1. Construct a balance sheet given the following data. What is shareholders' equity? Cash

 Please show all working and answer all the questions if possible
Please show all working and answer all the questions if possible

1. Construct a balance sheet given the following data. What is shareholders' equity? Cash Inventory Plant and property Accounts receivable Accounts payable Long-term debt = $180,000 = $270,000 = $1,340,000 = $256,000 = $186,000 = $450,000 2. Lennox Furniture Company's 2016 balance sheet showed total current assets of $1,500,000. All of the current assets were required in operations, and its current liabilities consisted of $300.000 of accounts payable, $200,000 of 670 short-term notes payable to the bank, and $100,000 of accrued wages and taxes. What was the net operating working capital that was financed by investors at the end of 2016? 3. Cider House had sales of $220,000 in 2008. The COGS was $135.500, general and administrative expenses were $54,000, interest expenses were $4,500, and depreciation was $17,000. The firm's tax rate is 35%. Calculate following: a. EBIT b. Net Income 4. Fine Breads Inc. paid out $26,000 common dividends during 2016, and it ended the year with $150,000 of retained earnings. The prior year's retained earnings were $145,000. What was the firm's 2016 net income? 5. Miller Metals recently reported $9,000 of sales, $6,000 of operating costs other than depreciation, and $1,500 of depreciation. The company had no amortization charges, it had $4,000 of bonds that carry a 7% interest rate, and its federal-plus-state income tax rate was 40%. a. What was its net cash flow? b. What was its operating cash flow

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