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Can you answer questions 1-5 please? 1) ABC Corporation has current assets of $5,200, fixed assets of $26,000, current liabilities of $4,900, and long-term debt

Can you answer questions 1-5 please?image text in transcribed

1) ABC Corporation has current assets of $5,200, fixed assets of $26,000, current liabilities of $4,900, and long-term debt of $15,000. What is the ABC Corporation's total equity? What is the NWC of ABC Corporation? A. Total Equity $11,000, NWC $11,300 B. Total Equity $11,300, NWC $300 C. Total Equity $11,000, NWC $300 D. Total Equity 11,300,NWC$11,000 2) Company X has fixed assets of $6million on its balance sheet that were originally purchased for $10million; it can be sold for $7million today. The company's balance sheet also shows current liabilities of $2.6milli and NWC of $900,000. In addition, if all the current assets were liquidated today, the company would receive \$2.8million cash. What is the book value of Company X's total assets? What is the market value of Company X's total assets? A. BV $9.5 million, MV $9.8 million B. BV \$9.5million, MV \$12.8million C. BV \$8.6million, MV \$12.8million D. BV \$8.6million, MV \$9.8million 3) Company has sales of $21,000, costs of $11,200, depreciation expense of $2,300, and interest expense of $1,300. If the tax rate is 40 percent, what is the operating cash flow, or OCF? A. OCF $9620= EBIT $9800 + Depreciation $2300-Taxes $2480 B. OCF $6800= EBIT $7500+ Depreciation $2300 Taxes $3000 C. OCF $8180= EBIT $9800+ Depreciation $2300-Taxes $3920 D. OCF $7320= EBIT $7500+ Depreciation $2300-Taxes $2480 4) XYZ Corporation's balance sheet of 2019 showed net fixed assets of $1.56million, and the 2020 balance sheet showed net fixed assets of $1.78 million. The company's 2020 income statement showed a depreciation expense of $140,000. What was the company's net capital spending for 2020 ? A. $80,000 B. $360,000 C. $220,000 D. $140,000 5) Which one of the following is the financial statement which shows the accounting value of a firm's equity as of a particular date? A. Income statement B. Creditor statement C. Balance sheet D. Statement of cash flows E. Dividend statement

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