Question
1 Flower's Balance Sheet. What is Flower's Inc net working capital? Accounts Payable and Accruals 30 Accounts Receivable 62 Accumulated Depreciation (175) Cash 30 Common
1 Flower's Balance Sheet. What is Flower's Inc net working capital?
Accounts Payable and Accruals 30
Accounts Receivable 62
Accumulated Depreciation (175)
Cash 30
Common Stock 120
Fixed Assets (gross) 390
Inventory 129
Long-Term Debt 200
Retained Earnings 65
2 Pizza Incs Income Sheet is below. What was Pizza Incs earnings before interest and taxes (EBIT)?
Cost of Goods Sold 350
Depreciation Expense 35
Interest Expense 20
Operating Expense (excluding 115
depreciation)
Sales 650
3 During the last year, Fish Co had Net Income of $150, paid $20 in dividends, and sold new stock for $35. Beginning equity for the year was $680. What is the ending equity?
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