Consider the following balance sheet data for Larry's Pool Supply: Cash & equivalente Accounts receivable Inventones Total current assets 90,500 135,500 152.500 378,500 s Accounts payable Notes payable Accrued wages and taxes Total current liabilities Long term bonds Common stock Retained earnings Total liabilities & equity 117.000 135,000 55.500 307,500 380,000 140,000 27.500 905.000 Net plant & equip Total assets 526.500 905,000 $ How much of the company's profits have been reinvested over the years? O a. S140,000 O b.$77,500 O c. $905,000 O d. $90,500 e. $217,500 QUESTION 6 Consider the following balance sheet data for Ivan's Home Accessories: $ s Cash & equivalents Accounts receivable Inventories Total current assets 101,000 149,500 197.000 447,500 $ $ Accounts payable Notes payable Accrued wages and taxes Total current liabilities Long-term bonds Common stock Retained earnings Total liabilities & equity 125,500 135,500 69.500 330,500 448,000 90,000 198.000 1,066.500 Net fixed assets Total assets 619.000 1.066.500 What are the company's total liabilities? a. $330,500 O b. $778,500 O c $448,000 O d. $1,066,500 O e. $125,500 Sales QUESTION 7 Melton Corporation's income statement for the year 2012 is given below: $15,500,000 Operating costs excluding depreciation 8.000.000 EBITDA $7,500,000 Depreciation 1.500.000 EBIT $6,000,000 Interest 1,000,000 EBT $5,000,000 Taxes (35%) 1.750,000 Net income $3,250,000 Calculate Melton's free cash flow for 2012 if it spent $3,500,000 on new fixed assets and net operating working capital increased by $400.000 a. S-300,000 Ob. 5-1,500,000 OG $2,300,000 d. $850,000 O e S1,500,000