Question: se the following data about MS, Inc. to answer the next eight (8) questions : Cost of Goods Sold $180,000 Interest Expense $ 10,000 Revenues

se the following data about MS, Inc. to answer the next eight (8) questions:

Cost of Goods Sold $180,000
Interest Expense $ 10,000
Revenues $265,000
Depreciation $ 25,000
Tax Rate 40%
Net Fixed Assets $150,000
Inventory $ 60,000
Cash $ 15,000
Accounts Receivable $ 25,000
Notes Payable $ 50,000
LT Bonds $120,000
Accounts Payable $ 30,000

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Question 3 options:

Using the above information, calculate Net Income (NI).

Question 4 options:

Using the above information, calculate Net Working Capital (NWC).

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