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please i need answers to Question e & f. South Sea Baubles has the following (incomplete) balance sheet and income statement BALANCE SHEET AT END

please i need answers to Question e & f. image text in transcribed
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South Sea Baubles has the following (incomplete) balance sheet and income statement BALANCE SHEET AT END OF YEAR (Figures in $ millions) Liabilities and Shareholders 2016 Equity 195 Current liabilities 2015 2016 2015 Assets $ 72 $93 $101 $ Current assets 655 860 910 Net fixed assets 1,010 Long-term debt INCOME STATEMENT, 2016 (Figures in $ millions) $2,005 Revenue Cost of goods sold 1,085 Depreciation Interest expense 405 251 a&b. What is shareholders equity in 2015 and 2016? (Enter your answers in millions.) 2015 2016 Shareholders' equity 284 million 252 million e e. What are taxes paid in 2016? Assume the firm pays taxes equal to 35% of taxable income. (Do not round intermediate calculations Enter your answer in millions rounded to 2 decimal places.) Taxes paid $ 92.40 million f. What is cash provided by operations during 2016? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Cash provided by operations million 4 of 10

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