Question 1: Given the following financial statements for ABCD Corporation Current Assets Fixed Assets Balance Sheet 12/31/2007 12/31/2006 $50,000 $45.000 430.000 350.000 $450,000 $395.000 Total Assets Income Statement Year Ended 12/31/07 Sales $1.200.000 Cost of Goods Sold 750.000 Operating Expenses 200.000 Depreciation 100.000 EBIT 150.000 Interest Expense 50.000 EBT 100.000 Taxes 40.000 Net Income $60,000 Current Liabilities Long-term Debt Common Stock Retained Earnings Total Liabilities & Equity $35.000 330.000 5.000 110,000 $480.000 $50,000 270.000 PI 5.000 70,000 $395.000 A- what is the company's after-tax cash flow from operations? B. what is the company's free cash flow for 20072 C- what amount did the company pay in dividends for 2007 D- assuming that ABCD paid a common dividend of $20,000 in 2007, what is the company's financing cash flow for 20072 Question 2: Racing Horse Corporation reported net income for 2008 of $200,000 sales of $540,000, expenses (exduding des Son dan TL