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Given the following information about Wildhorse Sporting Goods, Inc., construct a balance sheet for June 30, 2017. On that date, the firm had cash and

Given the following information about Wildhorse Sporting Goods, Inc., construct a balance sheet for June 30, 2017. On that date, the firm had cash and marketable securities of $25,135, accounts receivables of $43,758, an inventory of $168,700, net fixed assets of $325,500, and other assets of $13,125. It had accounts payables of $67,855, notes payables of $36,454, long-term debt of $223,200, and common stock of $150,000. How much-retained earnings did the firm have?

Retained earnings

The Pharoah Company has disclosed the following financial information in its annual reports for the period ending March 31, 2017: sales of $1.416 million, cost of goods sold of $815,000, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has an average tax rate of 35 percent. Compute the cash flows to investors from operating activity.

Cash flow from operating activity

Pharoah Electronics reported the following information at its annual meetings: The company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,177,700, accounts receivables of $3,469,300, short-term notes payable worth $1,133,300, and other current assets of $121,455. What is the company's net working capital?

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