1. Answer the following questions about M&G Corp. Both of the statements are based on December 31. All the numbers are in millions except market price. (15pts) Assets Cash Accounts receivable Inventories Total CA Net plant and equipment Total Assets 2009 10 150 2010 180 180 372 -300 $672 360 $610 Liabilities and Equity Accounts payable Notes payable Accruals Total CL Long-term bonds Common stock (50 million shares) Retained earnings Total liabilities and equity 108 67 72 247 150 50 225 $672 90 51.5 60 201.5 150 50 $610 2010 2009 $1,200 $1,000 1020850 Sales COGS EBITDA Depreciation EBIT Interest EBT Taxes (40%) NI Dividends 180 150 128.3 150 125 20.2 104.8 51.3 419 $77 $62.9 46.4 60.5 $13 $15 Market price per share A. What was the total liability of this company in 2010? (2pts) B. Calculate the book value per share in 2010 C. Calculate the D. Construct (3pts) t-to-asset ratio for 2010. Explain the meaning of the debt-to-asset ratio. (4pts) t the statement of shareholders' equity for December 31, 2009. (6pts)