View Insert Format Arrange Tools Slide Show Window Help Homework 1 SCF Picture Format Tell me Transitions View Animations Slide Show Review ~ A A A X AY APA Convert to SmartArt care te Arrange Page 25 connect Connect Please see the LANCE LO1 Basic (Quel LO 2 QUESTIONS AND PROBLEMS 1. Building a Balance Sheet. Kroeger, Inc., has current assets of $1.970, net fixed assets of S9,650, current liabilities of S1.520, and long-term debt of $4,370. What is the value of the shareholders' equity account for this firm? How much is net working capital? 2. Building an Income Statement. Draiman, Inc., has sales of S795.000, costs of $345.000, depreciation expense of S76.000, interest expense of $41,000, and a tax rate of 35 percent. What is the net income for this firm? 3. Dividends and Retained Earnings. Suppose the firm in Problem 2 paid out $56,000 in cash dividends. What is the addition to retained camnings? 4. Per-Share Earnings and Dividends. Suppose the firm in Problem 3 had 60.000 shares of common stock outstanding. What is the carings per share, or EPS, figure? indistande marchanafiri LO 2 LO 2 Notes Comments 16 A