Assets Current assets: Cash and marketable securities Accounts receivable Inventory Total Fixed assets: Gross plant and equipment Less: Accumulated depreciation Net plant and equipment Other long-term assets Total Total assets Net sales Less: Cost of goods sold Gross profits Less: Other operating expenses Balance Sheet as of December 31, 2021 and 2020 (in millions of dollars) 2021 $ 2 43 47 $ 92 Addition to retained earnings Per (common) share data: $115 37 $ 78 31 $109 $201 Net income Less: Preferred stock dividends Net income available to common stockholders Less: Common stock dividends 2020 $ 2 33 Earnings per share (EPS) Dividends per share (DPS) Book value per share (BVPS) Market value (price) per share (MVPS) 38 $ 73 Earnings before interest, taxes depreciation, and amortization (EBITDA) Less: Accumulated depreciation Earnings before interest and taxes (EBIT) Less: Interest. Earnings before taxes (EBT) Less: Taxes $ 96 28 $ 68 31 $ 99 $172 CLANCY'S DOG BISCUIT CORPORATION Income Statement for Years Ending December 31, 2021 and 2020 (in millions of dollars) $ $ $ $ 2021 $ 114 58 56 11 $ $ $ Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total 200 Long-term debt $ Stockholders' equity: Preferred stock (2 million shares) Common stock and paid-in-surplus (5 million shares) Retained earnings Total Total liabilities and equity 45 9 36 9 27 6 21 1 20 5 15 $ 4.00 $ 1.00 $16.80 $17.45 $ $ $ 54 9 54 9 36 8 $ 28 $ 2020 118 54 64 10 $ Liabilities and Equity $ $ $ $ 5.40 $ 1.00 1 27 5 22 $13.80 $17.20 2021 2020 2868 $ 16 $ 10 28 26 $ 64 $38 $ 37 30 31 $ 77 11 73 $ 86 $201 $ 2 11 58 $ 71 $172 Statement of Cash Flows for Year Ending December 31, 2021 (in millions of dollars) Cash flows from operating activities Additions (sources of cash): Subtractions (uses of cash): Net cash flow from operating activities Cash flows from investing activities Subtractions: Net cash flow from investing activities Cash flows from financing activities Additions: Subtractions: Net cash flow from financing activities Net change in cash and marketable securities