solve these questions with steps and calculations and explain for question 1

01: If depreciation is added back to operating cash flow and to additions to xed assets, does this process add deprecation back twice? Is it not doublecounting? (Illustrate your answers in bulletin points and show the answers with your understanding of our class discussions regarding the relationship between depreciation and cash ow/incomes, and its implications and applications for you as CFO in the company. Word limit 300, total 30Marks) 02 : Calculate total asset value given the following information: ROA = 5%; Total equity = $600,000 and ROE = 8%. (Total 20Marks, please show me the formular and each step to reach your answer) QB: Calculate sales given the following data. Total fixed assets $400,000; long-term liabilities $155,000; total liabilities $280,000; total shareholders' equity $320,000; net working capital turnover 20. (Total 20Marks, please show me the formular and each step to reach your answer) Q4: Stephen's Auto Body Shop (Oshawa) has a debtequity ratio Off), a total asset turnover of 1.43, and a prot margin of 5 0/0. The firm has a return on assets of __ 96 and a return on equity of ___ %. (Total 30Marks, please show me the formular and each step to reach your answer)