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Calculate cash flow to creditor and cash flow to shareholder for PrufRock in 2012? 2012 $ 98 188 422 $ 708 PRUFROCK CORPORATION 2011 and
Calculate cash flow to creditor and cash flow to shareholder for PrufRock in 2012?
2012 $ 98 188 422 $ 708 PRUFROCK CORPORATION 2011 and 2012 Balance Sheets (s in millions) 2011 Assets Current assets Cash $ 84 Accounts receivable 165 Inventory 393 Total $ 642 Fixed assets Net plant and equipment $2.731 Total assets $3,373 Liabilities and Owners' Equity Current liabilities Accounts payable $ 312 Notes payable 231 Total $ 543 Long-term debt $ 531 Owners' equity Common stock and paid-in surplus $ 500 Retained earnings 1.799 Total $2,299 Total liabilities and owners' equity $3,373 $2.880 $3,588 $ 344 196 $ 540 $ 457 $ 550 2.041 $2,591 $3,588 PRUFROCK CORPORATION 2012 Income Statement ($ in millions) Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes (34%) Net income Dividends $121 Addition to retained earnings 242 $2,311 1,344 276 $ 691 141 550 187 $ 363Step by Step Solution
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