Below is the recent income statement and balance sheet of New Technologies:

New Technologies: Income Statements for Year Ending December 31
(Millions of Dollars)				2021
Sales				$900,000
Expenses excluding depreciation and amortization				774,000
EBITDA				$126,000
Depreciation and amortization				31,500
EBIT				$94,500
Interest Expense				8,900
EBT				$85,600
Taxes (25%)				21,400
Net income				$64,200
Common dividends				$41,230
Addition to retained earnings				$22,970

New Technologies: December 31 Balance Sheets
(Millions of Dollars)
Assets			Liabilities and equity
Cash and cash equivalents		$45,000	Accounts payable		$90,000
Short-term investments		3,600	Accruals		45,000
Accounts Receivable		270,000	Notes payable		9,000
Inventories		135,000	Total current liabilities		$144,000
Total current assets		$453,600	Long-term debt		90,000
Net fixed assets		315,000	Total liabilities		$234,000
Total assets		$768,600	Common stock		$444,600
			Retained Earnings		90,000
			Total common equity		$534,600
			Total liabilities and Equity		$768,600

• 1) What is the working capital of new technologies at 2021?

• 2) If you are a loan officer from a bank and consider if New Technologies is qualified for a new loan, what financial ratios you want to particularly look at? Name and calculate the ratios here. What benchmark do you want to compare with?

• 3) Calculate the return on equity (ROA), will this is the same return investors get if they buy stock from the stock market?