1) Cash flow from operating activities' of ABS Corp for 2019 is ____ million. I recommend you use 'indirect method'. If necessary round to the nearest million dollar.

2) In 2019 ABS Corp received $______ million cash from customers.

3) ABS Corp purchased $_____ million of inventory in 2019.

4) In 2019, the amount of cash ABC paid to suppliers is $____ million.

5) In 2019, cash paid for dividends is $_____ million.

6) The note shows that one equipment was sold in 2019. ABS Corp received $____ million from sales of the equipment.

7) In 2019, ABC sold one huge equipment as it became inefficient. The gross book value of that equipment was $____million.

8) Cash flow from investing activities' of ABS Corp for 2019 is $_____ million.

D B 2018 2019 1 1 Balance Sheet ($million) Assets Cash Account receivable Inventories Prepaid expense Property, plant and equipment(gross) Less: Accumulated depreciation Goodwill Total Asset 1 $4,494 $6,038 $3,260 $1,553 $168,039 ($81,980) $4,395 $105,799 $2,011 $5,330 $3,167 ! $1,736 1 $160,139 ($75,941) 1 1 $4,395 ! $100,837 1 1 1 Liabilities and Shareholders' equity Account payable 1 Accrued liabilities 1 Income Tax payable i Long-term debt Common stock Additional paid in capital Retained earning Total Liability and Equity $2,420 $2,441 $514 $17,597 $915 $7,775 $74,137 $105,799 $2,463 $2,416 $559 $16,771 $1,065 $8,525 $69,038 ! $100,837 i 1 1 Income Statement ($million) ! Sales revenue Cost of goods sold Operating expenses Depreciation Interest expenses Gain on sales of equipment Income tax expense 1 Net Income 1 1 . 2018 1 $67,305 1 $34,876 $11,517 $10,519! $501 i $0 i $2,473 $7,419 2019 $74,430 $35,661 $12,134 $11,720 $528 $89 $3,619 $10,857 1 1 1 1 3 Notes -In 2019 $15,000 million worth of new plant and equipment are added. -in 2019 one equipmemt is sold. |- No items impacted retained earnings other than net income and dividends. I-Tax rate is 25%. 1 2 3 14