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d out of Income Statement (S in Millions) 1998 Balance Sheet ($ in Millions) Liabilities and Owners' Equity 1998 Current Liabilities 1998 Assets Current Assets

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d out of Income Statement (S in Millions) 1998 Balance Sheet ($ in Millions) Liabilities and Owners' Equity 1998 Current Liabilities 1998 Assets Current Assets Cash Sales Cost of Goods Sold Administrative Expenses Depreciation 400 Accounts Payable 200 600 800 1700 Accounts Recevable InventonY Total Current Assets 400 Notes Payable Total Current Liabiities 194 Long- Term Liabilities Long-Term Debt Total Long-Term Liabiities 1400 Earnings Before Interest and Taxes 706 200 Interest Expense Fixed Assets 200Taxable Income Property. Plant, and Equipment 900 owners' Equity Less Accumulated Depreciation 500 Net Fixed Assests 676 90 586 198 Taxes Common Stock ($1 Par) 00Net Income 400 100 800 1800 400 Capital Surplus Dividends etained Earnings Total owners' Equity Total Liab. and Owners' Equity Addition to Retained Earnings Other Information Total Assets 1800 Number of Shares Outstanding (Milions) 300 Price per Share In the answer boxes below, select the right answer from the drop-down menu. Each answer is worth 2 points. Answers ane rounded to two decimals

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