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Privett Company Accounts payable Accounts receivable $30,000 35,000 Accrued liabilities Cash 7,000 25,000 40,000 72,000 Intangible assets Inventory Long-term investments 100,000 Long-term liabilities 75,000 Marketable

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Privett Company Accounts payable Accounts receivable $30,000 35,000 Accrued liabilities Cash 7,000 25,000 40,000 72,000 Intangible assets Inventory Long-term investments 100,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) Property, plant, and equipment Prepaid expenses 20,000 400,000 2,000 Based on the data for Privett Company, what is the amount of working capital? a. $213,000 b. $113,000 c. $153,000 d. $39,000 TUHU . Kellman Company Year 2 Year 1 Total current assets $600,000 $560,000 Total investments 60,000 40,000 Total property, plant, and equipment 900,000 700,000 Total current liabilities 125,000 65,000 Total long-term liabilities 350,000 250,000 Preferred 9% stock, $100 par 100,000 100,000 Common stock, $10 par 600,000 600,000 Paid-in capital in excess of par--Common stock 75,000 25,000 Retained earnings 310,000 210,000 Using the balance sheets for Kellman Company, if net income is $150,000 and interest expense is $20,000 for Year 2, what is the return on stockholders' equity for Year 2? Ca. 16.0% b. 16.4% c. 6.9% d. 13.8%

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