Balance Sheet: Assets: Current Assets Fixed Assets $ 175,000 825,000 Liabilities Current Liabilities $ 120,000 LT Debt 300,000 Stock 440,000 Ret. Earnings 140,000 Total Assets $1,000,000 Total Liabilities $1,000,000 Revenues Variable Costs Fixed Costs Depreciation Interest Expense Tax Rate $990,000 396,000 344,000 115,000 25,000 30% a. What is the company's Net Income? b. What is the company's Return on Assets? c. What is the company's Return on Equity? d. What is the company's Operating Cash Flow? e. If no investment in fixed assets was made, what was the previous year's level of fixed assets? Balance Sheet: Assets: Current Assets Fixed Assets $ 175,000 825,000 Liabilities Current Liabilities $ 120,000 LT Debt 300,000 Stock 440,000 Ret. Earnings 140,000 Total Assets $1,000,000 Total Liabilities $1,000,000 Revenues Variable Costs Fixed Costs Depreciation Interest Expense Tax Rate $990,000 396,000 344,000 115,000 25,000 30% a. What is the company's Net Income? b. What is the company's Return on Assets? c. What is the company's Return on Equity? d. What is the company's Operating Cash Flow? e. If no investment in fixed assets was made, what was the previous year's level of fixed assets