Corporation made sales of

$ 925$925

million during

20182018.

Of this amount,

FleetwoodFleetwood

collected cash for

$ 735$735

million. Thecompany's cost of goods sold was

$ 320$320

million, and all other expenses for the year totaled

$ 475$475

million. Also during

20182018,

FleetwoodFleetwood

paid

$ 350$350

million for its inventory and

$ 280$280

million for everything else. Beginning cash was

$ 115$115

million.

a.How much was

FleetwoodFleetwood's

net income for

20182018?

b.How much was

FleetwoodFleetwood's

cash balance at the end of

20182018

band ering Homework: Ch3 Preassignment Save HW Score: 84.55 % , 16.91 of 20 pts us 1 of 5 (5 complete) Score: 2 of 4 pts uncements S3-1 (similar to) Question Help ssions Carter Corporation made sales of $825 million during 2018. Of this amount, Carter collected cash for $630 million. The company's cost of goods sold was $300 million, and all other expenses for the year totaled $325 million. Also during 2018, Carter paid $370 million for its inventory and $270 million for everything else. Beginning cash was $85 million. es a. How much was Carter's net income for 2018? b. How much was Carter's cash balance at the end of 2018? utor a. How much was Carter's net income for 2018? ferZoom Carter's net income for 2018 is $ million