Please assist. On these questions I feel like I'm missing a step as my answers are close, but not correct. Please work out the problem step by step so I can follow. Thanks!

HW 1 1. Cameron's Balance Sheet. What is Cameron Inc's Net Working Capital? Accounts Payable and Accruals 32 Accounts Receivable 55 Accumulated Depreciation (175) Cash 38 Common Stock 120 Fixed Assets (gross) 390 Inventory 129 Long-Term Debt 200 Retained Earnings 65 Solution: Net working capital = Total current assets - total current liabilities 2. Given the following selected information on Cicalese's Cholocate, Inc. calculate cash flow from operating activities for the year 20X1 Dec 31, 20X0 Dec 31, 20X1 EAT $600, 000 $740, 000 Depreciation Exp. 100, 000 140, 000 Dividends 400, 000 550, 000 Accounts Receivable 1, 500, 000 2, 000, 000 Inventory 3, 500, 000 2, 000, 000 Accts Payable/Accr. 350, 000 500, 000 Long-Term Debt2, 300, 000 2, 500, 000 Common Stock 2, 200, 000 2, 500, 000 Retained Earnings 6, 150, 000 6, 350, 000 HW 1 3. A firm's current ratio is 1.5, and it's quick ratio is 1.0. If it's current liabilities are $11, 400, what are its inventories? Solution: Current ratio = current assets/current liabilities, solve for current assets Substitute into the quick ratio and solve for inventory. 1.0 = (current assets - inventories)/current liabilities Solution: EAT + Depreciation + A/R + Inventory + AP accruals For B/S items such as inventory, A/R etc., you have to take the change over the year when you compute cash flows. 4. You purchased a piece of property for $30, 000 nine years ago and sold it today for $83, 190. What was the annual rate of return on your investment? 5. The First National Bank has agreed to lend you $30, 000 today, but you must repay $42, 135 in 3 years. What rate is the bank charging you? 6. The Florida lottery agrees to pay the winner $275, 000 at the end of each year for the next 20 years. What is the future value of this prize if each payment is put in an account earning 0.09? (Please answer in excel using excel formula) HW 1