8. How much cash (in millions) did UTEP Inc. pay for interest in 2018? A. $84. B. $90. what the comparative balance sheet shows for C. $120. D. $150. E. $156. The following information is provided for problems 7 and 8: Portions of the financial statements for UTEP Inc. are provided below. $3,960 1,500 2,460 UTEP Inc. Income Statement For the Year Ended December 31, 2018 (S in millions) Sales Cost of goods sold Gross margin Salaries expense $660 Depreciation expense 540 Patent amortization expense 30 Interest expense 120 Loss on sale of land 18 Income before taxes Income tax expense Net Income $1,368 1092 546 $546 UTEP Inc. Selected Accounts from Comparative Balance Sheets December 31, 2018 and 2017 (S in millions) Year Cash Accounts receivable Inventory Accounts payable Salaries payable Interest payable Income taxes payable 2018 612 1,320 2,640 840 480 150 90 2017 600 1,392 2,700 804 516 120 60 Change 12 (72) (60) 36 (36) 30 30 How much cash (in million) di TTDI 15. Excerpts from Clayton Company's December 31, 2018 and 2017 financial statements are presented below: Profit margin Asset turnover Inventory turnover Receivables turnover Total assets Total sharehokler's equity 2018 2017 0.21 0.26 0.58 0.49 15.0 12.5 18.8 17.5 1,062,500 1,012,500 600,000 562,500 Clayton's 2018 return on shareholder's equity (rounded): Return on shareholder's - equity inaasae A. 12.2% B. 21.0% C. 21.7%. D. 26.0% E. 58.0%