Q2. Industry K has three companies whose income statements and balance sheets are summarized below. Fill in the missing data in the table (indicated by l ) and comment on each company's relative performance. 3a. What is gross -and net working capital? Explain briefly. Gross working capital is the sum of current assets Net working capital is the difference between current assets and current liabilities. 3b. Is it possible for a company to pay dividends if it incurs a loss in the last operating period? how about in the long run? State briefly. It is possible in the short run, but in the long run, every company should have an operating profit, as well as a net profit of the period to accumulate retained earnings. 4a. An investor deposits $10,000;3 years later, it is worth $13,500. What rate of return did the investor earn on the investment? A: (13,500/10,000)1/31=1.351/31=10.52% Ab. Bill deposits $7,000 compounded quarterly. How long will it take for his investment worth $10,500, if the interest rate is 8% ? A: 10,500/7,000=7,000(4(1+0,08)4. 1,5=(1,02)4tt=3years