1. Casello Mowing & Landscaping's year-end 2015 balance sheet lists current assets of $437,200, fixed assets of $552,800, current liabilities of $418,600, and long-term debt of $318,500. Calculate Casello's total stockholders' equity.
2. Tater and Pepper Corp. reported free cash flows for 2015 of $43.1 million and investment in operating capital of $26.1 million. Tater and Pepper incurred $14.0 million in depreciation expense and paid $29.7 million in taxes on EBIT in 2015. Calculate Tater and Pepper's 2015 EBIT.
3. Thelma and Louie, Inc., started the year with a balance of retained earnings of $542 million and ended the year with retained earnings of $584 million. The company paid dividends of $32 million to the preferred stockholders and $72 million to common stockholders. Calculate Thelma and Louie's net income for the year?