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Powell Panther Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2019 2018 Sales $2,090.0 $1,900.0 1.777.0 1,615.0 Operating costs excluding depreciation and

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Powell Panther Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2019 2018 Sales $2,090.0 $1,900.0 1.777.0 1,615.0 Operating costs excluding depreciation and amortization EBITDA $ 313.0 $ 285.0 Depreciation and amortization 64.0 51.0 Earnings before interest and taxes (EBIT) $ 249.0 $ 234.0 Interest 46.0 41.8 Earnings before taxes (EBT) $ 203.0 192.2 Taxes (25%) 81.2 76.9 Net income $ 121.8 $ 115.3 Common dividends $ 109.6 92.2 Powell Panther Corporation: Balance Sheets as of December 31 (Millions of Dollars) 2019 2018 Assets Cash and equivalents $ 33.0 $ 25.0 Accounts receivable 328.0 285.0 Inventories 334.0 304.0 Total current assets $ 695.0 $ 614.0 Net plant and equipment 6410 513.0 Total assets $1,336.0 $1,127.0 Liabilities and Equity Accounts payable $ 182.0 $ 152.0 Accruals 71.0 57.0 Notes payable 41.8 38.0 Total current liabilities $ 294.8 $ 247.0 Long-term bonds 418.0 380.0 Total liabilities $ 712.8 $ 627.0 Common stock 576.3 465.3 Retained earnings 46.2 34.7 Common equity $ 623.2 $ 500.0 Total liabilities and equity $1,336.0 $1,127.0 Write out your answers completely. For example, 25 million shout 11.6.0 5,127 write out your answers complet For sale 25.000.000 tothongtive values any, show the indicated by a mine sign 201911 was the 2019 rechthew Ingine comum 2013 I things from 2018 2019 20 The main rom 2009

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