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(Hint: Consider this as a single line item on the firm's balance sheet.) f. What is the firm's net working capital? 2. INCOME STATEMENT Byron

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(Hint: Consider this as a single line item on the firm's balance sheet.) f. What is the firm's net working capital? 2. INCOME STATEMENT Byron Books Inc. recently reported $15 million of net income. Its EBIT was $20.8 million, and its tax rate was 30%. What was its interest expense? (Hint: Write out the headings for an income statement, and fill in the known values. Then divide of net income by (1 - T or 0.70 where T=tax rate) to find the pretax income. The difference between EBIT and taxable income must be interest expense. Use this same procedure to complete similar problems.) 3. STATEMENT OF CASH FLOWS Hampton Industries had $39,000 in cash at vear-end 2020 and $11000 in cash at vear-end 2021 The firm invested in

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