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South Sea Baubles has the following (incomplete) balance sheet and income statement Required: a&b. What is shareholder' equity in 2021 and 2022 ? c&d. What

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South Sea Baubles has the following (incomplete) balance sheet and income statement Required: a\&b. What is shareholder' equity in 2021 and 2022 ? c\&d. What is net working capital in 2021 and 2022? e. What are taxes paid in 2022 ? Assume the firm pays taxes equal to 21% of taxable income f. What is cash provided by operations during 2022? 9. Net fixed assets increased from $800 milion to $900 million during 2022 What must have been South Sea's gross investment in fixed assets during 2022 ? h. If South Sea reduced its outstanding accounts payable by $35 milion during the year, what must have happened to its other current hiabilities? Here are the 2021 and 2022 (incomplete) balance sheets for Newble Oil Corporation. Required: a\&b. What was shareholders' equity at the end of 2021 and 2022 ? c. If Newble paid dividends of $100 million in 2022 and made no stock issues, what must have been net income during the year? d. If Newble purchased $300 million in fixed assets during 2022, what must have been the depreciation charge on the income statement? e. What was the change in net working capital between 2021 and 2022 ? f. If Newble issued $200 million of new long-term debt, how much debt must have been paid off during the year

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