4. Given below are the balance sheet of 2017 developed by Vera. Calculate the Owners Equity. If the Accumulated Retained Earnings are $37,600 what would Common Stock for the company be? [Show your work]

Balance Sheet as of December 31, 2017

ASSETS LIABILITIES & OWNERS EQUITY

Cash $22,643 Accounts payable $41,786 Accounts receivable 16,753 Notes payable 19,046 Inventory 32,255 Current liabilities $60,832 Current assets $71,651 Long-term debt $103,006 Net fixed assets $204,068 Owners' equity 41,899 Total assets $275,719 Total liab. & equity $275,719

5. Given below are the balance sheet of 2018 developed by Vera. Calculate the Net Fixed Assets. How much did the company pay for these assets if the Accumulated depreciation figure is $100,000 [Show your work]

Balance Sheet as of December 31, 2018

ASSETS LIABILITIES & OWNERS EQUITY

Cash $35,721 Accounts payable $47,325 Accounts receivable 21,732 Notes payable 20,796 Inventory 43,381 Current liabilities $68,121 Current assets $100,834 Long-term debt $116,334 Net fixed assets 248,625 Owners' equity 165,004 Total assets $349,459 Total liab. & equity $349,459

6. Use the Balance Sheet of Question 5 to calculate the Net Working Capital of 2018. Do these figures cause any concern?

7. Use the Balance Sheet of Questions 4 and 5 to calculate the Cash Flow From Assets for the year ending 31st December 2018. Explain how Cashflow from Investing activities are interpreted by investors?