INCOME STATEMENT OF QUICK BURGER CORP. , 2016 (Figures in millions) Net sales Costs Depreciation Earnings before interest and taxes (EBIT) Interest expense Pretax income Taxes 27,570 17,572 1,405 $8,593 520 8,073 2,620 $ 5,453 Net income BALANCE SHEET OF QUICK BURGER CORP., 2016 2016 2,339 (Figures in millions) 015 Liabilities and Shareholders' Equity 2016 Assets Current assets Cash and marketable securities Receivables Inventories Other current assets Total current assets Fixed assets Property, plant, and equipment Intangible assets (goodwill) Other long-term assets Total assets 2 2015 Current liabilities 2,339 Debt due for repayment 1,338 Accounts payable 376 3,4063,146 3, 522 1,378 120 619 4,416 Total current liabilities 3,406 125 1,092 4,934 Long-term debt 13,636 12,137 3,060 2,960 20,10218,619 15,305 14,393 24,680 22,838 Other long-term liabilities 2,656 Total liabilities 2,807 2,986 3,102 Total shareholders' equity 5,407 33,012 Total liabilities and shareholders' equity 35,407 33,012 In 2016 Quick Burger had capital expenditures of $3,052