1. Thomas Corp., has current assets of $8,500, net fixed assets of $32,370, current liabilities of $6,700, and long-term debt of $15,200. What is the value of the shareholders equity account for this firm? How much is net working capital?

2. Freddies Fish Farm, Inc., has sales of $725,000, costs of $317,300, depreciation expense of $48,000, interest expense of 28,000, and a tax rate of 21 percent. What is the net income for this firm?

3. Deprez, Inc., has sales of $85,425, costs of$28,500, depreciation expense of $2,100, and interest expense of $2,300. If the tax rate is 21 percent, what is the operating cash flow, or OCF?