1.) a

Jupiter Dan, Incorporated, has sales of $101,205, costs of $44,440, depreciation expense of $4,710, and interest expense of $2,148. If the tax rate is 21 percent, what is the operating cash flow (OCF)?

1.)b

On their balance sheet, a U.S. based publicly traded firm has common stock of $17, paid-in surplus of $433, total liabilities of $270, current assets of $491, and net fixed assets of $589. What is the amount of their shareholders' equity?