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please i need correcr answers to A and C. The following table shows an abbreviated income statement and balance sheet for Quick Burger Corporation for

please i need correcr answers to A and C. image text in transcribed
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The following table shows an abbreviated income statement and balance sheet for Quick Burger Corporation for 2016 INCOME STATEMENT OF QUICK BURGER CORP. , 2016 (Figures in $ millions) Net sales $27,571 17,573 1,406 Earnings before interest and taxes (EBIT) $8,592 Costs Depreciation Interest expense 521 Pretax income 8,071 2,825 $5,246 es Net income BALANCE SHEET OF QUICK BURGER CORP., 2016 (Figures in $ millions) 2015 Assets 2016 Liabilities and Shareholders' Equity Current liabilities 2016 2015 Current assets Cash and marketable securities 2,340 2,340 Debt due for repayment 379 Receivables 1,379 1,339 Accounts payable Inventories Other current assets 3,407 3,407 3,147 126 121 Total current liabilities 3,526 1,093 620 9 of 10 9 of 10

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