can you fill in the blanks and answer the questions

The focus on financial statements in finance is how managers and investors interpret and use them. A firm's annual report contains both verbal and quantitative information. The quantitative information consists of four financial statements: (1) Balance Sheet (2) Income Statement. (3) Statement of Cash Flows, and (4) Statement of Stockholders' Equity The balance sheet shows the firm's assets and claims against those assets. In other words, assets are equal to liabilities and equity. Assets are shown in order of their Select and claims are listed in the order of when they must be paid. Current assets indude cash and their equivalents, accounts and inventory, while long-term assets are those whose useful lives exceed one year. Labilities are divided into Sulaci and long-term debt. We differentiate between total debt and total liabilities. A company's total debt includes both its short-term and long-term Select abilities. Total liabilities equal Select v plus the company's "free" liabilities Select is the difference between current assets and current liabilities, while Select V is equal to operating current assets (calculated as current assets minus excess cash) less the difference between current liabilities and notes payable. -Suikt vis capital supplied by common stockholders and represents ownership. The income statement reports on operations over a period of time. Companies operating performances can be compared by looking at each firm's EBIT, often referred to as select A typical stockholder focuses on the bottom line of the income statement. Select The income statement is tied to the -Select through the retained earings account. Net Income minus Select pald is equal to the retained earnings for the year, and this amount is added to the cumulative retained earnings from prior years to obtain the year-end retained earnings balance. v the asset is Management's goal is to maximize the firm's Intrinsic value. The value of any asset, including a share of stock is based on the Snied- available to investors. The statement of cash flows shows how much expected to produce. Therefore, managers strive to maximize the elect Select a firm is generating. It is divided into four parts: (1) Operating activities. (2) Investing activities (3) Financing activities, and (4) Summary Changes in stockholders equity during an accounting period are reported in the statement of stockholders' equity changes in stockholders equity can come pald from new stock issues, stock repurchases, net income, and sales Quantitative Problem: Rosnan Industries 2019 and 2018 balance sheets and income statements are shown below Balance Sheets 2019 2018 Assets 55F Clear 2 9:03 PM 9/25/2021 biueprint Problems - Financial Statements, Cash Flow, and Taxes Qudduve Problem: RUSTan musules 2019 and 2018 Balance sheets and income statements are showIT ULUW. Balance Sheets pols 2019 2018 Assets $60 275 Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets 375 $45 300 250 $595 1,490 $2,085 $710 2,300 $3,010 Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Comunon stock Retained earnings Total liabilities and equity ctory $150 75 110 $335 450 1,225 1,000 $3,010 $85 50 35 $170 290 1,225 400 $2,085 Income Statements 2019 2018 Sales Operating costs excluding depreciation EBITDA $2,285 1.250 $1,585 1.000 3585 $1,035 !! Is Ch 03: Blueprint Problems - Financial Statements, Cash Flow, and Taxes operaong costs excluding depreciation 1,250 1,000 EBITDA $1,035 $585 Depreciation and amortization 100 75 EBIT $935 $510 Interest 63 46 EBT $872 $464 Taxes (25%) 218 116 Net income $654 $348 $48 Dividends paid Addition to retained earnings $54 $600 $300 100 Shares outstanding 100 Price $25.00 $22.50 WACC 10.00% The balance in the firm's cash and equivalents account is needed for operations and is not considered "excess" What is Rosnan's 2019 net operating working capital (NOWC)? $ What is Rosnan's 2019 net working capital (NWC)? $