BOD CORPORATION Balance Sheets as of Decmeber 31, 2014 and 2015 ($ in millions) 2014 2015 2015 Assets Current Assets Cash Accounts Receivable Inventory Total $ 145 525 440 $ 1110 2014 Liabilities and Owners' Equity Current Liabilities Accounts Payable 275 Notes Payable 240 Total $ 515 $ 180 600 480 $ 1.260 310 180 490 $ Fixed Assets Net Fixed Assets $ 1.530 $ 1.675 $ 375 $ 425 Long Term Debt Owners' Equity Common stock plus paid-in surplus Retained Earnings Total 650 1.100 $ 1.750 680 1,340 $ 2020 Total Assets $ 2,640 $ 2,935 Total liabilities and owners' equity $ 2,640 $ 2.935 BOD CORPORATION 2015 Income Statement (5 in Millions) Net Sales Cost of Goods Sold Depreciation EBIT Interest Paid Taxable income Taxes Net Income $ 1,610 835 55 $ 720 80 $ 640 224 $ 416 Dividends Addition to Retained Earnings 176 240 10. Construct the cash flow identity for BOD Corporation. 11. Assuming the BOD Corp. has 200 million shares outstanding, calculate the earnings per share and the dividends per share for 2015. 12. BOD Corp can sell its fixed assets for $1,800 million and its current assets for $1,350 million today. What is the book and market value of BOD Corp assets