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Here are the 2018 and 2019 (incomplete) balance sheets for Newble Oil Corp. Assets Current assets Net fixed assets 2018 BALANCE SHEET AT END
Here are the 2018 and 2019 (incomplete) balance sheets for Newble Oil Corp. Assets Current assets Net fixed assets 2018 BALANCE SHEET AT END OF YEAR (Figures in $ millions) 2019 Liabilities and Shareholders' Equity 1,360 1,500 Long-term debt $ 326 $ 500 Current liabilities. 2018 2019 $290 $ 256 910 1,080 a&b. What was shareholders' equity at the end of 2018 and 2019? c. If Newble paid dividends of $180 million in 2019 and made no stock issues, what must have been net income during the year? d. If Newble purchased $380 million in fixed assets during 2019, what must have been the depreciation charge on the income statement? e. What was the change in net working capital between 2018 and 2019? f. If Newble issued $232 million of new long-term debt, how much debt must have been paid off during the year? (Enter your answer in millions.) Complete this question by entering your answers in the tabs below. Req A and B Req C Req D Req E Req F What was shareholders' equity at the end of 2018 and 2019? (Enter your answers in millions.) Shareholders' equity 2018 million Req A and B 2019 million ReqC >
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