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- Attached are ABC's balance sheet and income statement, in millions.Dividends on Common Shares were $100 million for 2017.Additional Information: The other current assets, other

- Attached are ABC's balance sheet and income statement, in millions.Dividends on Common Shares were $100 million for 2017.Additional Information:

The other current assets, other long-term assets, other current liabilities, and other long-term liabilities have no interest-bearing accounts (they are all operating).

Deferred taxes are operating

The long-term investments are investments in subsidiaries that are essential to the operations of the business.Therefore, these are not financing assets.The investment income on the income statement is related to these subsidiaries.

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Balance Sheet 2017 Assets Cash and Short-Term Investments 1,107 Total Receivables, Net 1,769 Total Inventory 1,323 Prepaid Expenses 282 Other Current Assets, Total 361 Total Current Assets 4,842 Property/Plant/Equipment, Total - Net 907 Goodwill, Net 31 Long-Term Investments 750 Note Receivable - Long-Term 1,371 Other Long-Term Assets, Total 254 Total Long-term Assets 3,313 Total Assets 8,155 Liabilities and Shareholders' Equity Accounts Payable 163 Accrued Expenses 514 Notes Payable/Short-Term Debt 190 Current Port. of LT Debt/Capital Leases 1,332 Other Current Liabilities, Total 70 Total Current Liabilities 2,269 Total Long-Term Debt 4,114 Deferred Income Tax 6 Other Liabilities, Total 659 Total Long-term Liabilities 4,779 Total Liabilities 7,048 Common Stock 3 Additional Paid-In Capital 871 Retained Earnings (Accumulated Deficit) 5,324 Treasury Stock - Common (5,091) Total Equity 1,107 Total Liabilities & Shareholders' Equity 8,155Income Statement 2,017 Revenue 7,500 Cost of Revenue, Total 4,601 Gross Profit 2,899 Selling/General/ Administrative Expenses, Total 1,622 Research & Development 26 Depreciation/Amortization 10 Restructing and asset impairmentExpense 153 Operating Income 1,088 Interest Income (Expense) (306) Investment Income (not financing related) 4 Income Before Tax 786 Income Tax - Total 250 Net Income 536

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