Chapter 2 Assignment 1 1.From the following balance sheet accounts: a. Construct a balance sheet for 2019 and 2020 b. list all the working capital accounts 16 c. find the net working capital for the years ending 2019 and 2020 d. calculate the change in net working capital for the year 2020 Balance Sheet Accounts of Athens Corporation (AED million) Account Balance 13/12/2019 Balance 31/12/2020 Accumulated Depreciation Accounts Payable Accounts Receivable Cash Common Stock Inventory 200 Long-Term Debt Plant, Property & Equipment Retained Earnings 40 60 16 150 20 60 60 20 160 140 100 80 110 40 120 60 2. A firm has net working capital of AED 65 million. Long-term debt is AED 280 million total assets are AED 420, and fixed assets are AED 270 million. What is the amount of the total liabilities? 3.SAM has shareholders' equity of AED 330 million. The firm owes a total of AED 280 million of which 50 percent is payable within the next year. The firm net fixed assets of AED 360 million. What is the amount of the net working capital? 4.TRA had beginning net fixed assets of 430 million and ending net fixed assets of AED 470 million. During the year, assets with a combined book value of AED 10 million were sold. Depreciation for the year was AED 14 million. What is the amount of net capital spending