QUESTION 6 Consider the following balance sheet data for Ivan's Home Accessories: $ Cash & equivalent Accounts receivable Inventos Total current 101.000 149.500 192.000 442,500 $ Accounts payable Notes payable Acerand ways and taxes Total current liabilities Long-term bonds Common stock Retained earnings Total liabilities & equity 125.500 135.500 69.500 330,500 448.000 90.000 198.000 1.066.500 Net fixed att Total assets 619.000 1.066.500 5 What are the company's total liabilities? a. $330,500 b. $778.500 O . $448.000 d. $1,066,500 O e S125.500 QUESTION 7 Melton Corporation's income statement for the year 2012 is given below. Sales $15,500,000 Operating costs excluding depreciation 8.000.000 EBITDA $7,500,000 Depreciation 1.500.000 EBIT $ 6,000,000 Interest 1.000.000 EBT $5,000,000 Taxes (3546) 1.250.000 Net income $3.250.000 Calculate Melton's free cash flow for 2012 if it spent $3,500,000 on new fixed assets and net operating working capital increased by $400,000 O a. S-300,000 Ob S-1,500,000 OG $2,300,000 d. 8850,000 O e $1,500,000