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67 The following information pertains to Galaxy Interiors: Galaxy Interiors 2011 Income Statement $ in millions) Net sales Cost of goods sold Depreciation Earnings before
67 The following information pertains to Galaxy Interiors: Galaxy Interiors 2011 Income Statement $ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable Income Less: Taxes Net income $21,415 16,408 3,396 $2,114 1,374 Galaxy Interiors 2010 and 2011 Balance Sheets S in millions] 2010 2011 $ 668 297 Accounts payable $1,694 1,532 2010 2011 Accounts receivable 1,611 1,527 Notes payable 4,194 1532 9,800 10,650 7,500 7,000 Retained earnings 2,122 2696 $23,616 $21878 Totl lab. &euity $23,616 $21,878 38482,94 Total 6,127 $4771 Long-term debt 17489 1710 Common stock Total Net fixed assets Total assets What is the cash flow to creditors for 2015 A. $530 B. $432 C. $1839 D. 2,132 E. $3,094
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