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Cost of goods sold Depreciation Benings before interest and taxes Les Interest paid Taxable Income Less: Taxes Net inoome $9,610 6,310 1370 1.930 630 $1,300

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Cost of goods sold Depreciation Benings before interest and taxes Les Interest paid Taxable Income Less: Taxes Net inoome $9,610 6,310 1370 1.930 630 $1,300 455 S 845 Nabors, Inc. 2014 and 2015 Statement of financial positions ($ in millions) 2014 2015 2014 2015 Cash Accounts ro Inventory Total Net fixed assets $310 2,640 3.275 $ 6,225 10.960 SIOS 3,055 3,850 S 7.310 10.670 Accounts payable Notes payable Total Long-term debt Common stock Retained earnings Total liab & equity S 2,720 100 $ 2.820 7.875 5.000 1.490 SI7A18S $ 2,570 0 $ 2.570 8.100 5.250 2,060 $17.980 Total assets $17.185 $17.980 What is the cash flow from assets for 2015 ($ in millions)? A) $2,590 B) $1.340 C) $3,100 Answer: D I D) $430 E) $485 Cost of goods sold Depreciation Benings before interest and taxes Les Interest paid Taxable Income Less: Taxes Net inoome $9,610 6,310 1370 1.930 630 $1,300 455 S 845 Nabors, Inc. 2014 and 2015 Statement of financial positions ($ in millions) 2014 2015 2014 2015 Cash Accounts ro Inventory Total Net fixed assets $310 2,640 3.275 $ 6,225 10.960 SIOS 3,055 3,850 S 7.310 10.670 Accounts payable Notes payable Total Long-term debt Common stock Retained earnings Total liab & equity S 2,720 100 $ 2.820 7.875 5.000 1.490 SI7A18S $ 2,570 0 $ 2.570 8.100 5.250 2,060 $17.980 Total assets $17.185 $17.980 What is the cash flow from assets for 2015 ($ in millions)? A) $2,590 B) $1.340 C) $3,100 Answer: D I D) $430 E) $485

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