2.

Abstergo Industries has the following Income statement and balance sheet for 2050. What is the firms Net Capital Spending (NCS)? (Round to nearest penny and do not enter commas, e.g. 1234.56)

2050 Income Statement

Revenue	208802
Costs	11741
Depreciation	16821
Ebit
Interest Expense	14262
Taxable Income
Tax Expense @ 22%
Net Income

2050 Balance Sheet

Year	2049	2050		2049	2050
Current Assets	17979	15702	Current Liabilities	14440	14426
Fixed Assets	155578	162016	Long-Term Debt	135539	140536
			Common Stock	34206	38805

Answer:

3.

Pizzeria Duo has current assets of $7925, fixed assets of $21297, current liabilities of $6742, and long-term debt of $8324. What is the value of Pizzeria Duo's Owners Equity? (Round to nearest penny and do not enter commas, e.g. 1234.56)

Answer: