For instructions on using Thomson ONE, refer to the instructions provided with the Thomson ONE problems at the end of Chapters 1–6 or to “A Guide for Using Thomson ONE.” P9-24. Compute the annual...

For instructions on using Thomson ONE, refer to the instructions provided with the Thomson ONE problems at the end of Chapters 1–6 or to “A Guide for Using Thomson ONE.” P9-24. Compute the annual depreciation tax savings for BASF (ticker: D:BAS) over the last fi ve years. Use an average tax rate (income taxes divided by pretax income from the income statement) for each year. How has depreciation tax savings changed for BASF over these years? P9-25. Calculate changes in net working capital for Circuit City Stores, Inc. (ticker: CC) over the last fi ve years. For each year, determine if the change represents a cash infl ow or a cash outfl ow for the company. From the balance sheet, identify source(s) for this change.