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5. Equity RoughCo reported $800 million in shareholders' equity at the end of 2019. Its Net Income for 2020 was $150 million and it reported
5. Equity RoughCo reported $800 million in shareholders' equity at the end of 2019. Its Net Income for 2020 was $150 million and it reported a total of -$50 million (loss) in Other Comprehensive Income for 2020. It paid no dividends, share repurchase = $0 but it issued $75 m new shares. Its ending 2020 shareholder equity = Equity 6. WorkCap TimCo had the following balance sheet data at the end of 2020. (8 000) Cash Accts Rec. Inventory L.T. Plant + Equip Accts Pay bl 6mo Bank Loan 300 800 350 300 TimCo has how much Working Capital ? 150 300 900 7.2 Ratios Using the data provided for Tim Co above, Calculate TimCo's 1) the Current Ratio 2) Quick Ratio 8. CASH ABC Inc. had the following info on its Statement of Cash Flow for ending 2020 ( 000) Cash from Operation Cash from Investing Cash from Financing Ending Cash Balance $600 -200 -$250 $980 What was ABC Inc.'s Beginning Cash Balance amount? 9. Retain Using only the data below, what is the amount of Retained Earnings for the period? Sales Cost Of All Other Interest Income Dividends Gds Sold Expenses Expense Tax Paid 2,500 1,500 200 50 150 200
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