Question
Douge Inc. 2017 Income Statement ($ in millions) Total operating revenues $4,806 Cost of goods sold 2,315 Selling, general, and administrative expenses 546 Depreciation 310
Douge Inc. 2017 Income Statement ($ in millions)
Total operating revenues $4,806
Cost of goods sold 2,315 Selling, general, and administrative expenses 546
Depreciation 310
Earnings before interest and taxes (EBIT) $647
Interest expense 170
Pretax income $464
Taxes 162
Net income $302
Douge Inc. Balance Sheet ($ in millions) Assets 2017 2016 Liabilities and Stockholders Equity 2017 2016 Cash and equivalents $ 503 $ 227 Accounts payable $ 686 $ 613 Accounts receivable 418 522 Long-term debt 1,300 1,350 Inventory 1,239 1,187 Common stock 1,500 1,500 Net property & equipment 2,353 2,264 Capital surplus 745 745 Intangible assets 360 360 Retained earnings 579 352 Total assets $4,810 $4,560 Total liabilities & stockholders equity $4,810 $4,560
What is the cash flow from assets for 2017?
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