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can u tell me the right answer because I'm not sure Nabors, Inc. 2018 statement of comprehensive Income ($ In millions) Net sales Less: Cost
can u tell me the right answer because I'm not sure
Nabors, Inc. 2018 statement of comprehensive Income ($ In millions) Net sales Less: Cost of goods sold Less Depreciation Earnings before Interest and taxes Less: Interest pald Taxable income Less: Taxes Net Income $9.610 6,310 1.3701 1,930 630 $1,300 455 $845 Nabors, Inc. 2017 and 2018 Statement of financlal positions (s In millions) 2017 2018 2017 2018 Cash $310 $405 Accounts payable 52,720 52.570 Accounts rec 2.640 3,055 Notes payable 100 0 Inventory 3.275 3,850Total $2.820 $2.570 Total $6,225 $7,310 Long-term debt 7.875 8.100 Net fixed assets 10.960 10.670 Common stock 5.000 5.250 Retained earnings 1.490 2060 Total assets S17185 $17.980 Total lab. & equity $17.185 $17.980 What is the amount of net new borrowing for 2018 S in millions)? O O $225 $0 O -$25 $25 O $225Step by Step Solution
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