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pleez pleez help heelpASAAAP. i need to know the correct answer Question 9 5 pts Using the information below for Galaxy Interiors, what is the
pleez pleez help heelpASAAAP. i need to know the correct answer
Question 9 5 pts Using the information below for Galaxy Interiors, what is the operating cash flow for 2019? Income Statement for 2019 ($ in millions) Net sales $21, 415 Cost of goods sold 16,408 Depreciation 1,611 Earnings before interest & taxes 3,396 Interest expense 1,282 Taxes 740 Net income $ 1,374 Balance Sheet($ in millions) Cash Receivables Inventory Subtotal 2018 2019 2018 2019 $ 668 $ 297 Payables $ 1,694 $ 1,532 1,611 1,527 Note Payable 2,500 0 3,848 2.947 Subtotal 4,194 1,532 6,127 4.771 Long-term debt 9,800 10,650 Net income $ 1,374 Balance Sheet ($ in millions) 2018 2019 2018 2019 Cash $ 668 $ 297 Payables $ 1,694 $ 1,532 Receivables 1,611 1,527 Note Payable 2,500 0 Inventory 3,848 2,947 Subtotal 4,194 1,532 Subtotal 6,127 4,771 Long-term debt 9,800 10,650 Net fixed assets 17,489 17,107 Common stock 7,500 7,000 Retained earn. 2,122 2,696 Total Assets 23,616 21,878 Total liab/equity 23,616 21,878 $3,536 O $2,114 $2,985 $4,267 $2,900 Step by Step Solution
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