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Accounts in Millions of USD. ITEM 2019 Accounts Receivable 1,500 Accounts Payable 750 Expense Accruals 500 Accumulated Depreciation 1,000 Cash 1,000 Common Stock at

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Accounts in Millions of USD. ITEM 2019 Accounts Receivable 1,500 Accounts Payable 750 Expense Accruals 500 Accumulated Depreciation 1,000 Cash 1,000 Common Stock at Par @ $0.10 500 Cost of Goods Sold (COGS) Depreciation Expense 3,000 750 Gross Fixed Assets 5,000 Interest Expense 500 Inventory 2,500 Long Term Debt 1,500 Operating Expenses 500 Notes Payable 750 Retained Earnings 1,500 Sales 5,300 Taxes 220 What was the Earnings before Interest and Taxes (EBIT) in 2019? 1,390 1050 944 330 994 00000

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