1)Nezid Corp. paid $216 in dividends and $638 in interest over the past year. The company increased retained earnings by $534 and had accounts payable of $714. Sales for the year were $16,615 and depreciation was $760. The tax rate was 35 percent. What was the company's EBIT?

2)Nanina Corp. has current liabilities of $413,000, a quick ratio of 1.70, inventory turnover of 3.60, and a current ratio of 3.80. What is the cost of goods sold for the company?