(A) find the MoonStars cash flow from assets for 2019 by finding its operating cash flows, net capital spending, change in net working capital. (B) What are the MoonStars cash flow to creditors and cash flow to stockholders? Interpret the results in (A) and (B).

(12 points) Use the following financial statements information and answer the questions below. MoonStar, Inc. 2019 Income Statement ($ in millions) $900.0 Net sales $350.0 Less: Cost of goods sold $120.0 Less: Depreciation expense Less: Other expenses $90.0 $340.0 Earnings before interest and taxes $100.0 Less: Interest paid $240.0 Taxable income $96.0 Less: Taxes (40%) $144.0 Net income $28.8 Dividends $115.2 Additions to Retained Earnings MoonStar, Inc. 2018 and 2019 Balance Sheets ($ in millions) 2018 2019 2018 2019 Cash 40.0 35.0 Accounts payable 125.0 137.8 Accounts rec. 210.0 200.0 Notes payable 55.0 55.0 Inventory 300.0 315.0 Total 180.0 192.8 Total 550.0 550.0 Long-term debt 655.0 767.0 Nst fixed assets 1060.0 1300.0 Common stock 665.0 665.0 Retained earnings 110.0 225.2 Total assets 1610.0 1850.0 Total liab.& equity 1610.0 1850.0 (A) find the MoonStar's cash flow from assets for 2019 by finding its operating cash flows, net capital spending, change in net working capital. (B) What are the MoonStar's cash flow to creditors and cash flow to stockholders? Interpret the results in (A) and (B). (12 points) Use the following financial statements information and answer the questions below. MoonStar, Inc. 2019 Income Statement ($ in millions) $900.0 Net sales $350.0 Less: Cost of goods sold $120.0 Less: Depreciation expense Less: Other expenses $90.0 $340.0 Earnings before interest and taxes $100.0 Less: Interest paid $240.0 Taxable income $96.0 Less: Taxes (40%) $144.0 Net income $28.8 Dividends $115.2 Additions to Retained Earnings MoonStar, Inc. 2018 and 2019 Balance Sheets ($ in millions) 2018 2019 2018 2019 Cash 40.0 35.0 Accounts payable 125.0 137.8 Accounts rec. 210.0 200.0 Notes payable 55.0 55.0 Inventory 300.0 315.0 Total 180.0 192.8 Total 550.0 550.0 Long-term debt 655.0 767.0 Nst fixed assets 1060.0 1300.0 Common stock 665.0 665.0 Retained earnings 110.0 225.2 Total assets 1610.0 1850.0 Total liab.& equity 1610.0 1850.0 (A) find the MoonStar's cash flow from assets for 2019 by finding its operating cash flows, net capital spending, change in net working capital. (B) What are the MoonStar's cash flow to creditors and cash flow to stockholders? Interpret the results in (A) and (B)