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Please show process . Thanks Please refer to the following set of financial statements to answer questions 1-9. Krannert Corp. 2016 Income Statement 2016 Sales

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Please refer to the following set of financial statements to answer questions 1-9. Krannert Corp. 2016 Income Statement 2016 Sales Cost of Goods Sold Dpreciation Earnings before interest and taxes Interest Paid Taxable Income Taxes Net Income 5,520 3,250 1,550 720 110 610 210 400 150 Dividends Krannert Corp. Fiscal Year Ended 2015 and 2016 Liabilities and Owners Equity Assets 2016 2015 2016 2015 Current Liabilities Current Assets Accounts Payable Other 1,5301,560 Cash Accounts Receivable Inventory 2,360 1,520 1,230 5,1105,470Long Term Debt 2,520 1,430 1,520 Total 5,7205,230 2,650 Total Fixed Assets Owner's Equity Net Plant and Equipment 4,4004,200 Common Stock 960 1,010 Retained Earnings Total Equity Total Liabilities and 9,5109 9,670 Owners' Equity Total Assets 9,510 9,670 5) What is the Cash flow to Lenders/Creditors? a) $110 -$380 c) $570 's600 e) $320 CFC CFC 7) What is the ending retained earnings for 2016? ) $430 b) $1440 c) $180 d) $1140 ERE 250 8) What is the ROE for Krannert Corp in 2016? a) 93.02% LOE NI TE b) 35.09% 27.78% 39.60% e) 414% 9) What is Krannert Corp's equity multiplier? ) 6.715 41 b) 14.89% 9.574 d) 2.917 e) None of the above

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