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Please complete the Statement of Cash Flows to fill the gray blanks below: Fun Food Co. Income Statement For the year ended December 31 (millions
Please complete the Statement of Cash Flows to fill the gray blanks below:
Fun Food Co. Income Statement For the year ended December 31 (millions of $) 2018 $ 40,052 34,956 5,096 1,007 723 220 114 Net sales revenue Cost of goods sold Gross profit Selling, general, and administrative expenses Depreciation expense Amortization expense Research and development expenses Operating income Interest income Interest expense Loss on retirement of bonds payable Gain on sale of land Pre-tax income Income tax expense Net income 2019 $ 42,405 37,383 5,022 1,000 819 279 97 2,827 11 462 11 66 2,431 396 $ 2,035 3,032 7 350 56 2,745 (282) 3,027 $ $ $ Earnings per share Average shares outstanding (millions) 5.56 366 8.20 369 2019 2018 2017 Change from 2018 to 2019 270 1,723 3,513 1,675 3,239 214 | 450 595 222 182 Assets Current Assets Cash Accounts receivable, net Inventories Other current assets Total Current Assets Property, Plant, and Equipment, net Goodwill Intangible Assets, net Long-term Investmemts Total Assets 484 $ 2,173 4,108 404 7,169 8,387 9,739 7,037 765 33,097 $ 2,218 5,688 6,169 9,739 6,759 754 29,109 278 11 $ $ 28,066 $ $ $ 1,698 Liabilities and Stockholders' Equity Current Liabilities Accounts payable Unearned revenues Current debt Accrued expenses Total Current Liabilities Long-Term Debt, including Bonds Payable Other Borrowings 1,926 609 2,102 876 5,513 10,189 3,313 1,694 582 1,911 844 5,031 7,962 3,313 232 27 191 32 2,227 | 45 Stockholders' Equity Common stock Additional paid-in capital Retained earnings Treasury stock, at cost Total Stockholders' Equity Total Liabilities and Stockholders' Equity 4,400 13,448 3,811 14,082 33,097 $ 45 4,387 12,314 3,943 12,803 29,109 $ 28,066 13 1,134 (132) $ Fun Food Co. Statement of Cash Flows For the year ended December 31, 2019 (millions of $) 2019 Operating activities: Cash flow from operating activities Cash flow from investing activities Cash flow from financing activities Net change in cash flows Beginning cash balance Ending cash balance 270 484
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