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Aussel Motors, Inc. 2018 statement of comprehensive income ($ in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less Interest paid Earnings before taxes Less Taxes $6,080 3,890 860 1,3301 270 1,060 360 700 Net Income Aussel Motors, Inc. 2017 and 2018 statement of financial position ($ in millions) 2017 2018 Cash 415 560 Accounts payable Accounts receivable 860 840 Current portion of LTD Inventory 1,270 1.390 Total Total 2,545 2,790 Long-term debt Net fixed assets 3,180 4,660 Common stock Retained earnings 2017 2018 5401 610 Ol 50 540 660 2165 3480 2000 2250 1020 1060 Less: Taxes Net Income 360 700 Aussel Motors, Inc. 2017 and 2018 statement of financial position ($ in millions) 2017 2018 Cash 415 560 Accounts payable Accounts receivable 860 840 Current portion of LTD Inventory 1,270 1,390 Total Total 2,545 2,790 Long-term debt Net fixed assets 3,180 4,660 Common stock Retained earnings Total assets 5,725 7,450 Total liab. & equity 2017 2018 540 610 0 50 540 660 2165 3480 2000 2250 1020 1060 5725 7450 What is the change in the net working capital from 2017 to 2018 ($ in millions)? Multiple Choice What is the change in the networking capital from 2017 to 2018 ($ in millions)? Multiple Choice $2,005 -$40 $75 $125 When you retire forty years from now, you want to have $1 million. You think you can earn an average of 8.5% on your money to meet this goal, you are trying to decide whether to deposit a lump sum today, or to wait and deposit a lump sum five years from today. How much more will you have to deposit as a lump sum if you wait for five years before making the deposit? Multiple Choice $18.67278 $19 27281 $16.998.03 $19,00106 Multiple Choice $18,67778 $19,272.81 $18,998.03 $18,00106 $21.036.83 Today is January 1 Starting today. Sam is going to contribute $140 on the first of each month to his retirement account. His employer contributes an additional 50% of the amount contributed by Sam If both Sam and his employer continue to do this and Sam can earn a monthly rate of 0.5% how much will he have in his retirement account 35 years from now? Multiple Choice $299,189.16 $249,981.21 $199.45944 $200 456 74 Multiple Choice O $299,189,16 O $249,98121 $199,459.44 $200.456.74 $300,68511 The future value will increase the lower the rate of interest. True or False True False ho The future value of a single sum will increase more rapidly when the interest rate increases. True or False True False