10 12 points Please refer to Oscar's financial statements below to answer questions 17 to 21 Oscar's Incredible Eatery ($ thousands) Income Statement for the year ending Dec. 31, 2017 Net sales 17,300 Cost of goods sold 10,600 Depreciation3,250 Earnings before interest and taxes3,450 Interest expense680 Earnings before tax2,770 Tax940 Earnings after tax1,830 Dividends450 Oscar's Incredible Eatery ($ thousands) Balance Sheet as of Dec. 31, 20171,920 Cash350Accounts payable Accounts receivable940Long-term debt3,500 Inventory2,360Common stock7,500 Total current assets3,650 Retained earnings 1,580 Net fixed assets 10,850 Total assets 14,500 Total liab. & equity14,500 17. What was Oscar's increase in retained earnings during 2017? 0 $2,280 O $1,830 $1,380 $450 1 1 11 12 points 11 12 points In 2019, Simelton Corp had total sale of $150 million and net profit margin of 4%. At the beginning of 2019. Simelton had a debt-to-equity ratio of 28, and total abilities of $350 million. The firm retained 54 million of its 2019 net income, and distributed the rest in form of dividends. What is Smelton Corp sustainable growth rate! O 6.1% 4,0% 3.2% o 5.3% 12 12 points Fin Corp. has a market value of $15 million with 250,000 shares outstanding. It's total assets and total liabilities are $10,000,000 and $5.000.000, respectively If the company repurchases 10 percent of its shares in the stock market, what will be the new book value of equity if allelse remains the same $18.67 $10.67 $15.56 0 $1256