solved I’m working on a Management question and need guidance to

I’m working on a Management question and need guidance to help me study.

1)IntroYou’ve collected the following information about a company:AssetsLiabilities and EquityCash10,000Accounts payable17,000Marketable securities2,000Notes payable6,000Accounts receivable4,000Current liabilitiesInventory31,000Long-term debt95,000Current assetsTotal liabilitiesMachines34,000Paid-in capital20,000Real estate80,000Retained earningsFixed assetsEquityTotal assetsTotal liab. & equityQUESTIONS- What is total equity?- What is retained earnings?2)IntroEmily Lim owns and runs an ice cream parlor in San Diego. Last year, she had sales of $430,000 and an average tax rate of 26%. She spent $43,000 on ingredients, $21,500 on utilities, and $77,400 to rent the premises.Emily has a few employees and paid them $86,000 in wages in total. She also paid herself a salary of $64,500 and spent $43,000 to pay for employee benefits.A few years ago, Emily borrowed money to buy the ice making equipment. Last year, she paid $21,500 in interest on that loan. Depreciation for the equipment was $12,900.QUESTIONS- What was net income for the year?3)IntroA company has $14,500,000 in taxable income. Consider the following corporate marginal tax rates:Taxable income ($)Tax rate0-50,00015%50,001-75,00025%75,001-100,00034%100,001-335,00039%335,001-10,000,00034%10,000,001-15,000,00035%15,000,001-18,333,33338%18,333,334+ 35%QUESTIONS- What is the total tax bill for the company, i.e., how much does the company have to pay in taxes (in $)?4)IntroBelow is the balance sheet for Northern Comfort Company for December 31 of 2019 and 2020. 20192020 20192020Cash950 1,100 Accounts payable2,850 3,300Accounts receivable2,850 3,300 Current liabilities 2,850 3,300Inventory2,8503,300 Long-term debt 5,700 6,600Current assets6,6507,700 Total liabilities 8,550 9,900Net fixed assets12,35014,300 Equity 10,450 12,100Total assets19,00022,000 Total liab. & equity19,00022,000The income statement for 2020 is also given: AmountSales52,800Cost29,040Depreciation7,920EBIT15,840Interest5,280EBT10,560Taxes3,274Net income7,286QUESTIONS- What was the operating cash flow for 2020?- What was the change in net working capital? – What was net capital spending in 2020? – What was the cash flow from assets for 2020?5)IntroBelow is the balance sheet for Trinity Motors Company for December 31 of 2019 and 2020. 20192020 20192020Cash900 1,000 Accounts payable2,700 3,000Accounts receivable2,700 3,000 Current liabilities 2,700 3,000Inventory2,7003,000 Long-term debt 5,400 6,000Current assets6,3007,000 Total liabilities 8,100 9,000Net fixed assets11,70013,000 Equity 9,900 11,000Total assets18,00020,000 Total liab. & equity18,00020,000The income statement for 2020 is also given: AmountSales48,000Cost26,400Depreciation7,200EBIT14,400Interest4,800Taxes2,400Net income7,200 Dividends6,480QUESTIONS- What was the cash flow from assets in 2020?- What was the cash flow to creditors in 2020?- What was the cash flow to stockholders in 2020?6)IntroYou’ve collected the following information about a company:AssetsLiabilities and EquityCash12,000Accounts payable19,000Marketable securities2,000Notes payable6,000Accounts receivable6,000Current liabilitiesInventory38,000Long-term debt95,000Current assetsTotal liabilitiesMachines34,000Paid-in capital20,000Real estate80,000Retained earningsFixed assetsEquityTotal assetsTotal liab. & equityQUESTIONS – What are total assets?- What is total equity?- What is retained earnings?