PLEASE show all your work.

4. Using the Debt to Total Assets ratio, assess the risk this debt presents to the corporation. How does it compare to other companies?

5. You have a trust fund that will pay you a sum of $28,000 every year on 31 December, for the next 9 years. The fund currently earns an annual interest rate of 3%. If you needed to cash the entire fund in today, what would its value be? Please label each value for use with your calculator or excel spreadsheet.

FINA Inc Balance Sheet (000s) 2021 2020 Assets Current Cash Accounts Receivable (AR) Inventory Total Current Assets $ 75.5 $145 $180 $400.5 $ 50 $125 $200 $375 Fixed Plant and Equipment Land Total Fixed assets $456 $ 25 $481 $450 $ 25 $475 Total Assets $881.5 $850 Liabilities $370 $ 37 $407 $360 $ 34 $394 Current Short term debt Accounts Payable (AP) Total Current Liabilities Long Term Debt Mortgage Total Long Term Liabilities $160 $ 28 $188 $165 $ 30 $195 Total Liabilities $595 $589 Total Liabilities + Shareholder's Equity $881.5 $850 Net Income $ 64 $ 50 1,600,000 Shares outstanding Stock Price for common share on 8 February 2022 = $56.17 per share FINA Inc Balance Sheet (000s) 2021 2020 Assets Current Cash Accounts Receivable (AR) Inventory Total Current Assets $ 75.5 $145 $180 $400.5 $ 50 $125 $200 $375 Fixed Plant and Equipment Land Total Fixed assets $456 $ 25 $481 $450 $ 25 $475 Total Assets $881.5 $850 Liabilities $370 $ 37 $407 $360 $ 34 $394 Current Short term debt Accounts Payable (AP) Total Current Liabilities Long Term Debt Mortgage Total Long Term Liabilities $160 $ 28 $188 $165 $ 30 $195 Total Liabilities $595 $589 Total Liabilities + Shareholder's Equity $881.5 $850 Net Income $ 64 $ 50 1,600,000 Shares outstanding Stock Price for common share on 8 February 2022 = $56.17 per share