Q1 Consider the following hypothetical company A's market value balance sheet:

QIConsider the following hypothetical company A's market value balance sheet: Net working capital $20 Fixed assets Total assets $10 $30 $25 $5 $30 Bonds outstanding Common stock Total value Determine who gains and who loses from the following situations: 1. Company A puts bits and pieces together to come up with $5 in cash and pays a cash dividend. (10 pts.) 2. Company A halts operations, sells its fixed assets, and converts net working capital into $20 cash. (10 pts.)