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13.4 Birmingham Steels has the following incomplete) balance sheet and income statement Assets 2018 2017 Current assets Fixed assets $200 $700 $100 $600 Liabilities and
13.4 Birmingham Steels has the following incomplete) balance sheet and income statement Assets 2018 2017 Current assets Fixed assets $200 $700 $100 $600 Liabilities and Shareholders' Equity Current liabilities Long-term debt $90 $550 $60 $450 Revenue Cost of revenue Depreciation Interest expense $2,350 $1130 $420 $210 All figures in million dollars a. Determine the shareholders' equity in 2017 and 2018. b. Determine the net working capital in 2017 and 2018. c. Assuming that Birmingham Steels has a 35% tax rate, determine the income taxes paid in year 2018. d. What is cash generated from operation in year 2018
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