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Liabilities Assets: $ 175,000 825,000 Current Liabilities $ 120,000 300,000 440,000 140,000 Current Assets Fixed Assets LT Debt Stock Ret. Earnings Total Assets $1,000,000 Total

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Liabilities Assets: $ 175,000 825,000 Current Liabilities $ 120,000 300,000 440,000 140,000 Current Assets Fixed Assets LT Debt Stock Ret. Earnings Total Assets $1,000,000 Total Liabilities $1,000,000 $990,000 396,000 344,000 115,000 25,000 30% Revenues Variable Costs Fixed Costs Depreciation Interest Expense Tax Rate a. What is the company's Net Income? b. What is the company's Return on Assets? c. What is the company's Return on Equity? d. What is the company's Operating Cash Flow? e. If no investment in fixed assets was made, what was the previous year's level of fixed assets

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