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Given the following balance sheets for Janus Trucking answer the next five questions. Janus Trucking's net income was $12 million. It paid out $10 million
Given the following balance sheets for Janus Trucking answer the next five questions. Janus Trucking's net income was $12 million. It paid out $10 million in dividends. All numbers are in millions. Janus Trucking December 31 Balance Sheets ($in millions) 20X4 20X5 Cash $8 $5 Accounts Receivable 31 31 21 30 $60 $66 $147 $180 Inventory Total Current Assets Gross Plant and Equipment Less Depreciation Net Plant and Equipment Total Assets 40 50 107 $130 $167 $196 $12 14 Accounts Payable Accrued Wages and Taxes 3 2 $16 $15 64 80 Long Term Debt Common Stock 15 25 Retained Earnings 75 73 $167 Total Liabilities and Equity $196 1. What is Janus Trucking's cash flow from operations? 2. What is Janus Trucking's cash flow from investing activities? 3. What is Janus Trucking's cash flow from financing activities? 4. What is Janus Trucking's net cash flow? 5. What is Janus Trucking's return on equity
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