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Here are the 2021 and 2022 (incomplete) balance sheets for Newble Oil Corporation. a&b. What was shareholders' equity at the end of 2021 and 2022?
Here are the 2021 and 2022 (incomplete) balance sheets for Newble Oil Corporation. a\&b. What was shareholders' equity at the end of 2021 and 2022? c. If Newble paid dividends of $180 million in 2022 and made no stock issues, what must have been net income during the year? d. If Newble purchased $380 million in fixed assets during 2022 , what must have been the depreciation charge on the income statement? e. What was the change in net working capital between 2021 and 2022? f. If Newble issued $232 million of new long-term debt, how much debt must have been paid off during the year? Complete this question by entering your answers in the tabs below. What was shareholders' equity at the end of 2021 and 2022? Note: Enter your answers in millions. Here are the 2021 and 2022 (incomplete) balance sheets for Newble Oil Corporation. a\&b. What was shareholders' equity at the end of 2021 and 2022 ? c. If Newble paid dividends of $180 million in 2022 and made no stock issues, what must have been net income during the yea d. If Newble purchased $380 million in fixed assets during 2022 , what must have been the depreciation charge on the income statement? e. What was the change in net working capital between 2021 and 2022? f. If Newble issued $232 million of new long-term debt, how much debt must have been paid off during the year? Complete this question by entering your answers in the tabs below. If Newble paid dividends of $180 million in 2022 and made no stock issues, what must have been net income during the year? Note: Enter your answer in millions
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