Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Net Plant and Equipment Bahar Corporation 2018 and 2019 Balance Sheets ($ millions) 2018 2019 2018 2019 Current Liabilities $ 34 $ 46 Accounts Payable $ 54 $ 481 $ 154 $ 142 Notes Payable 198 $ 188 $ 340 Total Current Liabilities 252 $ 236 $ 528 Long-term Debt $ 378 $ 327 Owners' Equity $ 2,056 $ 1,999 Common Stock 500 $ 480 Retained Earnings $ 1,454 $ 1,509 Total Owner's Equity $ 1,954 $ 1,989 $ 2,584 $ 2,552 Total Liabilities and Equity $ 2,584 $ 2,552 Total Assets *** Price 60 *** Shares Outstanding ($ millions) 25 Bahar Corporation Income Statement - 2019 ($ millions) Sales $ 1,935 -Cost of Goods Sold $ 1,212 -Depreciation $ 200 Earnings Before Interest and Taxes (EBIT) $ 523 -Interest Paid $ 123 Taxable income $ 400 - Taxes (20%) $ 80 Net Income $ 320 Dividends $ 265 Additions to Retained Earnings $ 55 Question 13 (5 points) What are the standardized values for accounts receivable and costs in the 2019 common size balance sheet and 2019 common size income statement, respectively? 5.40% and 68.86% 5.40% and 64.99% 5.56% and 64.99% 5.56% and 62.64% Question 14 (5 points) Which one of the following is correct about company's common stock? If the company either had seasoned equity offering (SEO) or repurchase in 2019, the company had SEO. If the company either had seasoned equity offering (SEO) or repurchase in 2019, the company repurchased. The amount of seasoned equity offering (SEO) is equal to the amount of repurchase in 2019. There is not enough information to answer the