Homework #2 Instructions: Answer the following questions: (100 points) 1. Cash Flows Concept Use Table 3.1 to compute the cash flow from assets for 2014. tent-rid-31858769_1/courses/b3010-2489/Homework%20%23%202.pdf ifrock Corporation Balance Sheets PRUFROCK CORPORATION Balance Sheets as of December 31, 2013 and 2014 ($ in millions) 2013 2014 $ 84 165 393 S642 S 98 188 422 S708 52.731 52.880 53588 Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total Total liabilities and owners' equity $312 S543 S344 te S500 5452 S 500 10 2209 S 550 2.041 --- Homework #2 Instructions: Answer the following questions: (100 points) 1. Cash Flows Concept Use Table 3.1 to compute the cash flow from assets for 2014. tent-rid-31858769_1/courses/b3010-2489/Homework%20%23%202.pdf ifrock Corporation Balance Sheets PRUFROCK CORPORATION Balance Sheets as of December 31, 2013 and 2014 ($ in millions) 2013 2014 $ 84 165 393 S642 S 98 188 422 S708 52.731 52.880 53588 Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total Total liabilities and owners' equity $312 S543 S344 te S500 5452 S 500 10 2209 S 550 2.041