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Apples Inc. sales for 2021 were $4,00,000, and the cost of goods sold was 60% of sales. Selling and administrative expenses was $24,500 and depreciation cost were $10,000 for the year. The tax rate averaged 20 percent. Preferred dividend paid were $15,000; and common dividend were paid $30,000. The firm has 20,000 share of common stock outstanding. *A) Calculate Earning available to common stockholders of Apple Inc. (Note: Answer must be in number, ignore text, Coma; Example: 240)

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B) Calculate P/E ratio of Apple Inc. If the stock current price is $32. (Note: Answer must be in number, ignore text, coma and maintain TWO decimal point, Example: 2.40)

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# Calculate ONLY Net Cash flows from Investing activities of Z-Max Corp. (Note: Answer must be in number, ignore text, Coma; Example: 240)

Z-Max Corporation Comparative Balance Sheets For the Year Ended December 31, 2021 2021 2020 Assets Current Assets: Cash $4,300 Account Receivable $22,000 Inventory $14,500 Prepaid Expenses $11,300 Total Current Assets $52,100 Investments (Long-term securities) $94,000 Gross plant and equipment $3,50,000 Less: Accumulated Depreciation ($30,000) Net Plant and equipment $3,20,000 Total Assets $466,100 $5,500 $29,000 $27,500 $9,200 $71,200 $80,000 $3,80,000 ($100,500) $279,500 $430,700

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