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Please help with this finance problem, and show your work please! You are looking at a firm's financial statements and find the following information: USD
Please help with this finance problem, and show your work please!
You are looking at a firm's financial statements and find the following information:
USD ($) millions | Dec 31st, 2019 | Dec 31st, 2018 |
Total Current Assets | 12,402 | 12,179 |
Property, Plant, & Equipment | 26,322 | 25,410 |
Notes Payable | 2,902 | 2,226 |
Total Current Liabilities | 9,242 | 10,158 |
Retained Earnings | 44,990 | 42,361 |
USD ($) millions | 12 Months Ending Dec 31, 2019 |
Depreciation | 1,562 |
Operating Income | 6,084 |
Net Earnings | 4,668 |
How much did the firm pay out in dividends in 2019? Answer in millions of dollars.
You are looking at a firm's financial statements and find the following information:
USD ($) millions | Dec 31st, 2019 | Dec 31st, 2018 |
Total Current Assets | 12,931 | 12,204 |
Property, Plant, & Equipment | 26,050 | 26,028 |
Notes Payable | 1,242 | 1,588 |
Total Current Liabilities | 9,975 | 9,088 |
Retained Earnings | 44,317 | 43,154 |
USD ($) millions | 12 Months Ending Dec 31, 2019 |
Depreciation | 1,995 |
Operating Income | 6,540 |
Earnings Before Taxes | 5,766 |
Provision for Taxes | 893 |
What was the firm's free cash flow for 2019?
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