SECTION B (3 equal marks) 1. ..is measure of profitability 2. The working capital is a measure of...... 3. Repayment of debt principal could be classified as.. SECTION C (6 marks) SHOW ALL YOUR WORKINGS 1. TRANSATLANTIC CORPORATION BALANCE SHEET AS AT 2012 DECEMBER 31ST ASSETS 2012 Jan. 1st 2012 Dec. 31st Cash 8000 7200 Debtor 70000 76800 Stock 50000 4400 Land 40000 60000 Building 100000 110000 Machines 214000 244000 Depreciation -54000 -72000 428000 470000 LIABILITIES Current 72000 82000 Loan from another company 40000 Loan from Bank 60000 50000 Capital and reserves 296000 298000 428000 470000 In the same year, the Company paid $52000 as dividend Required: a. Prepare the cash flow statement for year ended 2012 (3 marks) 2. a. If assets are $209,436 and liabilities are $ 114, 272, how much is owner's equity (1 mark) b. If liabilities are $102,500 and equity is $93,000, what is the value of the company's assets (1 mark) c. If equity is $148,272 and total assets are $479,195, what amount represents total Jiabilities (1 mark)