Bigquiz Corporation

(in millions)

($ millions)

2018

2019

sales

550

cost of goods sold

400

depreciation

100

interest rate

10.0%

payout

40.0%

tax rate

30.0%

account receivable

26

30

cash

20

inventory

28

32

net fixed asset

300

345

account payable

20

25

note payable

10

10

long-term debt

100

120

common stock

60

60

retained earning

184

shares outstanding

10