South Sea Baubles has the following (incomplete) balance sheet and income statement. a&b. What is shareholders’ equity i

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answerhappygod
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South Sea Baubles has the following (incomplete) balance sheet and income statement. a&b. What is shareholders’ equity i

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South Sea Baubles has the following (incomplete) balance sheetand income statement.
a&b. What is shareholders’ equity in2018 and 2019?
c&d. What is net working capital in2018 and 2019?
e. What are taxes paid in 2019? Assume thefirm pays taxes equal to 21% of taxable income.
f. What is cash provided by operationsduring 2019?
g. Net fixed assets increased from $890million to $990 million during 2019. What must have been SouthSea’s gross investment in fixed assets during2019?
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