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2-5 Barbell Corporations income statement reports that the companys bottom line was $180,000 in 2010. The statement also shows that the company has depreciation and

2-5 Barbell Corporations income statement reports that the companys bottom line was $180,000 in 2010. The statement also shows that the company has depreciation and amortization expenses equal to $50,000 and taxes equal to $120,000. What was Barbells net cash flow? 2-9 At the end of the year, CWPs balance sheet showed that total assets were $500,000. At the same time, its return on assets (ROA) was 6 percent and its return on equity (ROE) was 8 percent. Compute CWPs (a) net income for the year and (b) amount of common equity on the balance sheet. CWP has no preferred stock

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