A) As of Oct. 1, 2022 the manufacturing company ABC Inc, has the following assets and liabilities (all figures in millions of dollars) given in the table below. This company has issued 40,000 shares of 6% Preferred stock $100 par. The company's number of common stocks outstanding is 2,000,000 with $1 par value. Common stocks were initially sold at $9 a share when company went public.

Prepare the balance sheet for ABC Inc.

Item Value Item Value

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Equipment 7 Building 12

Cash 2 Cash equivalent 1

Account receivable 3 Account payable 3

Inventory 3 Loan from Bank@ 5% 3

10 year 6% Bond 5 Land 6

Wages payable 3 Goodwill and patents 3

Retained earnings 2

B) Use the balance sheet of ABC and compute the following metrics:

(a) Debt-to-Equity Ratio

(b) Working Capital

(c) Current Ratio

(d) Acid-test-Ratio

(e) Book Value per share

(f) Total Capitalization