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$21,415 16,408 Galaxy Interiors 2009 Income Statement (S in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable

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$21,415 16,408 Galaxy Interiors 2009 Income Statement (S in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Less: Taxes Net income 1,611 3,396 1.282 $2,114 740 $1,374 Galaxy Interiors 2008 and 2009 Balance Sheets (s in millions) Cash Accounts receivable Inventory Total Net fixed assets 2008 2009 $668 $297 1,611 1,527 3,848 2,947 $6,127 $4,771 17,489 17,107 Accounts payable Notes payable Total Long-term debt Common stock Retained earnings Total liab. & equity 2008 2009 $1,694 $1,532 2,500 $4,194 $1,532 9,800 10,650 7,500 7,000 2.122 2,696 $23,616 $21,878 Total assets $23,616 $21,878 Using the Income Statement and Balance Sheets above calculate the Cash flow from assets, Cash flow to Shareholders and cash flow to creditors. (Note: Dividends paid can be calculated using the Net Income and the change in retained earnings.)

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