1. Ivan's, Inc. paid $498 in dividends and $594 in interest this past year. Common stock increased by $204 and retained earnings decreased by $130. What is the net income for the year?
2. A firm has total debt of $1,400 and a debt-equity ratio of 0.25. What is the value of the total assets?
3. Suppose two firms are identical in all but their capital structure. Firm A has a debt to equity ratio of 1, and Firm B has a debt to equity ratio of 0. Which firm will have a higher standard deviation of returns?
4. A firm has net working capital of $580, net fixed assets of $2,326, sales of $6,900, and current liabilities of $890. How many dollars worth of sales are generated from every $1 in total assets?