1.Your firm has current debt of $2,000 and long-term debt of $1,900. It has total assets of $16,000 and non-current assets of $7,000. What is the amount of current assets? What is the amount of equity?

2. ABC Company has costs of $300,000. Interest expense is $12,000 and depreciation is $20,000. Sales are $550,000. What the operating income (earnings before interest and tax)?

3. A firm has $15,000 in cash, $1,800 in fixed assets, $230 in accounts payable and $1,300 in accounts receivable, $500 in inventory and $200 in long-term debt. What is the amount of the current assets?

Your firm has current debt of $2,000 and long-term debt of $1,900. It has total assets of $16,000 and non-current assets of $7,000. What is the amount of current assets? What is the amount of equity?