13) If a company's debt-equity ratio is 1.50 and total liabilities $300M, what are total assets and total equity respectively? A) S200M; S500M B500M, $200M C) $700M; $300M D) $800M; $200M 14) Assume the following: Retained earnings in 2016 and 2017 were $50M and $62M, respectively. If Net Income was $40M in 2017, how much was paid out in dividends in 2017 A) S28M B) $22M C) $90M D) $112M 15) Assume the following: For year 1, Gross Fixed Assets $2,000, Accumulated Depreciation $500. For year 2, Gross Fixed Assets $2,500; Depreciation expense $200. What is net capital spending in year 2? A)-$300 +$500 C)-$500 D)+$300 16) Assume the following in Excel: Cell A1 - interest expense for 2017, Cell A2 long-term debt for 2017; Cell A3 - long-term debt for 2016, Cell A4 dividends paid 2017; Cell A5-common stock on balance sheet 2017; Cell A6 common stock on balance sheet 2016, The correct formula for the cash flow to creditors in 2017 would be B) A4-(A5-A6 A1- (A2- A3) AIA2- A3)/A1 D) A5-(A4+ A6)