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6.
Please use excel sheet in case the values changes
Sankey, Inc., has current assets of $4,500, net fixed assets of $23,500,
current liabilities of $2,750, and long-term debt of $12,900. (Do not round
intermediate calculations.)
What is the value of the shareholders' equity account for this firm?
Shareholders' equity $
How much is net working capital?
Net working capital $
7.
Please use excel sheet in case the values changes
Shelton, Inc., has sales of $396,000, costs of $184,000, depreciation
expense of $49,000, interest expense of $30,000, and a tax rate of 35
percent. (Do not round intermediate calculations.)
What is the net income for the firm?
Suppose the company paid out $39,000 in cash dividends. What is the
addition to retained earnings?
8.
Please use excel sheet in case the values changes
During the year, the Senbet Discount Tire Compan