QUESTION 22 Nickel LLC has income statement and balance sheet shown below. Investors in Nickel LLC have an opportunity cost of capital of 8.5% Use the information provided, please amuser the following 4 questions Income Statement (in millions) Net Sales $881 Cost of goods sold 820 Depreciation 31 Interest expense 12 Balance Sheet (in millions) Assets End of Year Start of Year Current assets $369 $312 Long-term assets 358 222 Total assets $222 S534 $194 $157 Labilities Current liabilities Long term debt Shareholders' equity Total Liab & Eq 121 208 425 256 $$34 $722 Q1 Use the information provided in the income statement what is the net income of the firm in million dollars (assuming a corporate tax rate of 21972 a QUESTION 23 22. The company's retum on capitalization is For total capitalization, please use the average of end of year and start of year total capitalization QUESTION 24 3 Nickel LLC is creating value for its investors True False QUESTION 25 04 The company's cash flow form operalonts is 5 milion (Cash flow from operations net income + depreciation change in networking capital)