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The answers are in the last picture. I want to learn how to solve them. The following table lists selected balance sheet and income statement

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The following table lists selected balance sheet and income statement accounts for firm X Account Balance Sales $1,640 Total Assets $1,500 $180 $70 $800 Inventory Interest Expense Long Term Debt Depreciation Dividend Payout Ratio Cost of Goods Sold $130 25% $485 Net Fixed Assets $1,100 Current Liabilities $250 Cash Operating Expenses $525 Taxes $150 New Shares Sold $40 a. What is firm X's net income for the period b. What is the net cash flow to equity for the period c. What is the net working capital? d. What is the common size statement percentage for inventory? Check Answers: a, NI = $280, b. CF Equity = $30, c. NWC = $150, d. Common Size Inventory = 12%

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