1) From the WSJ 12/15/19: Three years ago, Simon Brown, a 36-year-old public-relations professional in Washington, D.C., purchased a 1938 Joe DiMaggio baseball card for $1,500. Its value now: $2,500, up about two-thirds, based on sales records for comparable cards, he says. What is Simon Browns annual rate of return on his investment (hint: it is not 2/3

2) You are given the following information: Cash = $407, Inventory = $579, Notes payable = $301, Long-term debt = $1,680, Accounts payable = $393, Accounts receivable = $265, Net fixed assets= $6,141 and Total shareholder equity = ???. Build a balance sheet and solve for and include shareholders equity. a.What is the companys quick ratio? b.What is the companys total debt to equity ratio? c.What is the companys total working capital