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2-35 Spreadsheet Problem: Free Cash Flow (LG2-5) Rebecky's Flowers 4U, Incorporated, had free cash flows during 2024 of $52 million, NOPAT of $107 million, and
2-35 Spreadsheet Problem: Free Cash Flow (LG2-5) Rebecky's Flowers 4U, Incorporated, had free cash flows during 2024 of $52 million, NOPAT of $107 million, and depreciation of $13 million. Using this information, fill in the blanks on Rebecky's balance sheet below. Note: Enter your answers in millions of dollars. (i.e., Enter 10,000,000 as 10.) REBECKY'S FLOWERS 4U, INCORPORATED Balance Sheet as of December 31, 2024 and 2023 (in millions of dollars) Assets 2024 2023 Liabilities and Equity 2024 2023 Current assets: Current liabilities: Cash and marketable securities $ 26 $ 23 Accrued wages and taxes Accounts receivable 76 66 Accounts payable Inventory 131 111 Notes payable Total $ 233 $ 200 Total Fixed assets: Long-term debt: $ 27 $ 25 90 65 65 $ 180 S 139 Gross plant and equipment $ 380 $ 340 Stockholders' equity: Less: Accumulated depreciation 73 60 Preferred stock (6 million shares) $ 6 $ 6 Net plant and equipment $ 307 $ 280 Common stock and paid-in surplus (30 million shares) 60 60 Other long-term assets 70 70 Retained earnings 202 165 Total $ 377 $ 350 Total $ 268 $ 231 Total assets 610 $ 550 Total liabilities and equity $ 610 $ 550
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