Lu Homework: Accountin X Question 9 - Homewo X * Search Results | Cours X Yankees vs. Braves - L X to.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%2525%252FIms.mheducation.com%252Fmghmiddleware%252Fmheproducts%252Flm e Worldwi... Shalimar Weather -... G Google https://searchsafe.n.. New Tab Bookmarks work: Accounting and Finance Assignment i Saved Help Save The following table shows an abbreviated income statement and balance sheet for Quick Burger Corporation for 2019. INCOME STATEMENT OF QUICK BURGER CORP. , 2019 ( Figures in $ millions) Net sales $ 27, 572 Costs 17 , 574 Skipped Depreciation 1, 407 Earnings before interest and taxes (EBIT) $ 8 , 591 Interest expense 522 Pretax income 8, 069 eBook Federal taxes (@ 21%) 1 , 694 Net income $ 6, 375 Print BALANCE SHEET OF QUICK BURGER CORP. , 2019 (Figures in $ millions) Assets 2019 2018 Liabilities and Shareholders' Equity 2019 2018 Current assets Current liabilities Cash and marketable securities $ 2, 341 $ 2, 341 Debt due for repayment 382 Receivables 1, 380 1, 340 Accounts payable $ 3,408 3, 148 Inventories 127 122 Total current liabilities $ 3,408 $ 3,530 Other current assets 1, 094 621 Total current assets $ 4, 942 $ 4, 424 Fixed assets Long-term debt $ 13, 638 $12, 139 Property, plant, and equipment $24, 682 $22, 840 Other long-term liabilities 3, 062 2,962 Intangible assets (goodwill) 2, 809 2, 658 Total liabilities $ 20, 108 $18, 631 Other long-term assets 2 , 988 3, 104 Total shareholders' equity 15, 313 14, 395 Total assets $35, 421 $33, 026 Total liabilities and shareholders' equity $ 35, 421 $33, 026 In 2019 Quick Burger had capital expenditures of $3,054. Mc raw Hill Type here to search O m 83.F Clear ~ 4)Saved 9 In 2019 Quick Burger had capital expenditures of $3,054. 2 points a. Calculate Quick Burger's free cash flow in 2019. (Enter your answer in millions.) Skipped Free cash flow million Book Print b. If Quick Burger was financed entirely by equity, how much more tax would the company have paid? (Assume a tax rate of 21%.) (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Additional tax million c. What would the company's free cash flow have been if it was all-equity financed? (Enter your answer in millions.) Free cash flow Mc Grav O 9 83OF Clear Type here to search