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Chapter 2: Financial Statements, Taxes and Cash Flows 1) A company has current assets of $200, net fixed assets of $400, short-term debt of $50,

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Chapter 2: Financial Statements, Taxes and Cash Flows 1) A company has current assets of $200, net fixed assets of $400, short-term debt of $50, and long term debt of $200. What does the balance sheet look like? What is shareholders' equity? What is net working capital? (Show your work; an example of this type of problem is Example 2.1 in the textbook) 2) A company has net income of $500 million, and total dividends were $150 million. There were 150 million shares. Calculate earnings per share and dividends per share. (Show your work; an example of this type of problem is Example 2.3 in the textbook)

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