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1.Casello Mowing & Landscaping's year-end 2015 balance sheet lists current assets of $437,200, fixed assets of $552,800, current liabilities of $418,600, and long-term debt of

1.Casello Mowing & Landscaping's year-end 2015 balance sheet lists current

assets of $437,200, fixed assets of $552,800, current liabilities of $418,600, and

long-term debt of $318,500.

Calculate Casello's total stockholders' equity.

2. Tater and Pepper Corp. reported free cash flows for 2015 of $43.1 million and

investment in operating capital of $26.1 million. Tater and Pepper incurred

$14.0 million in depreciation expense and paid $29.7 million in taxes on EBIT

in 2015.

Calculate Tater and Pepper's 2015 EBIT.

3. Thelma and Louie, Inc., started the year with a balance of retained earnings of

$542 million and ended the year with retained earnings of $584 million. The

company paid dividends of $32 million to the preferred stockholders and $72

million to common stockholders.

Calculate Thelma and Louie's net income for the year

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