8 Millenial Inc. 2018 Statement of comprehensive income ($ in millions) ints 00:38:53 Sales $8,800 Less: Costs Depreciation EBIT Less: Interest EBT Less: Taxes 5,600 900 2,300 350 1,950 550 Net Income 1,400 Dividends 900 Addition to ret. Earnings 500 Millenial Inc. 2017 and 2018 Statement of financial position ($ in millions) 2017 2018 2017 2018 Cash $170 $110 Accounts payable $135 $120 Accounts rec. 500 700 Notes payable 1,200 1,400 Inventory 1,240 1,000 Current liabilities 1,335 1,520 Current assets 1,910 1,810 Long-term debt 2,005 2,620 Fixed assets 2,000 3,500 Common stock (50 shares) Retained earnings 100 200 470 970 Total assets $3,910 $5,310 Total liab. & equity $3,910 $5,310