The firm had a net income of $70 million in 2021. The comparative balance sheet for 2020 and 2021 is given below. The numbers below are in millions of dollars

	2020	2021		2020	2021
Cash and Marketable Securities	40	60	Accounts Payable	70	90
Account Receivables	120	115	Notes Payable	45	75
Inventory	200	230
Current Assets	360	405	Current Liabilities	115	165
Gross Fixed Assets	900	1000	Long-term Debt	100	120
Less Accumulated Dep.	200	250	Common Stock	500	550
Net Fixed Assets	700	750	Retained Earnings	345	320
Total Assets	1060	1155	Total Liabilities and Owner's Equity	1060	1155

1.

The change in working capital is:

a. $20 million

b. $30 million

c. $5 million

d. -$5 million

2.

The amount of dividends paid out by the firm is

a. $25 million

b. $70 million

c. $95 million

d. None of the above

3.

The net amount the firm invested in long-term assets is

a. $50 million

b. $95 million

c. $100 million

d. None of the above

4.

The net amount of external long-term financing firm underwent is

a. $20 million

b. $50 million

c. $75 million

d. None of the above

5.

The total sources of funding is

a) $50 million

b) $70 million

c) $120 million

d) none of the above

6.

The total uses of funding is:

a) $50 million

b) $70 million

c) $120 million

d) $195 million