1. Tomco has 100,000 in assets 80,000 current liabilities 20,000 stockholders equity. The comapany has 5 million shares of common stock outstanding. What is the working capital?
2. Future Value At age 30 you invest $1,000 that earns 8 percent each year. At age 40 you invest $1,000 that earns 12 percent per year. In which case would you have more money at age 60?