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points South Sea Baubles has the following (incomplete) balance sheet and income statement. BALANCE SHEET AT END OF YEAR (Figures in $ millions) Assets 201%

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points South Sea Baubles has the following (incomplete) balance sheet and income statement. BALANCE SHEET AT END OF YEAR (Figures in $ millions) Assets 201% 2019 Liabilities and Shareholders' Equity 2018 Current assets :5 95 $ 165 Current liabilities $ 60 $ 75 Net fixed assets 850 950 Longterm debt 625 2019 800 INCOME STATEMENT, 2019 (Figures in $ millions) Revenue $ 1.975 Cost of goods sold 1,055 Depreciation 375 Interest expense 245 a&b. What is shareholders' equity in 2018 and 2019? c&d. What is net working capital in 2018 and 2019? e. What are taxes paid in 2019? Assume the rm pays taxes equal to 21% of taxable income. f. What is cash provided by operations during 2019? Return to question 9. Net fixed assets increased from $850 million to $950 million during 2019. What must have been South Sea's gross investment in xed assets during 2019? 0 Answer is complete but not entirely correct

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