1. Crandall Oil has total sales of $1,210 and costs of $755. Depreciation is $149 and the tax rate is 33 percent. The firm does not have any interest expense. What is the operating cash flow?
$359
$329
$344
$354
$379
2. A firm has total debt of $1,090 and a debt-equity ratio of .30. What is the value of the total assets?
$3,633
$4,723
$3,280
$1,417
$3,000