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Here are the 2021 and 2022 (incomplete) balance sheets for Newble Oil Corporation. Assets Current assets Net fixed assets Req A and B Complete this
Here are the 2021 and 2022 (incomplete) balance sheets for Newble Oil Corporation. Assets Current assets Net fixed assets Req A and B Complete this question by entering your answers in the tabs below. Req C Net income BALANCE SHEET AT END OF YEAR (Figures in $ millions). 2021 $ 310 1,200 1,420 Required: a&b. What was shareholders' equity at the end of 2021 and 2022? c. If Newble paid dividends of $100 million in 2022 and made no stock issues, what must have been net income during the year? d. If Newble purchased $300 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 $200 million of new long-term debt, how much debt must have been paid off during the year? 2022 Liabilities and Shareholders' Equity $ 420 Current liabilities Long-term debt Req D million Req E Req F If Newble paid dividends of $100 million in 2022 and made no stock issues, what must have been net income during the year? Note: Enter your answer in millions. Please answer all:) Here are the 2021 and 2022 (incomplete) balance sheets for Newble Oil Corporation. Required: a\&b. What was shareholders' equity at the end of 2021 and 2022? c. If Newble paid dividends of $100 million in 2022 and made no stock issues, what must have been net income during the year? d. If Newble purchased $300 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 $200 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 $100 million in 2022 and made no stock issues, what must have been net income during the year? Note: Enter your answer in millions
Here are the 2021 and 2022 (incomplete) balance sheets for Newble Oil Corporation. Assets Current assets Net fixed assets Req A and B Complete this question by entering your answers in the tabs below. Req C Net income BALANCE SHEET AT END OF YEAR (Figures in $ millions). 2021 $ 310 1,200 1,420 Required: a&b. What was shareholders' equity at the end of 2021 and 2022? c. If Newble paid dividends of $100 million in 2022 and made no stock issues, what must have been net income during the year? d. If Newble purchased $300 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 $200 million of new long-term debt, how much debt must have been paid off during the year? 2022 Liabilities and Shareholders' Equity $ 420 Current liabilities Long-term debt Req D million Req E Req F If Newble paid dividends of $100 million in 2022 and made no stock issues, what must have been net income during the year? Note: Enter your answer in millions.
Please answer all:)
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