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Problem 2-37 Free Cash Flow (LG2-5) Rebecky's Flowers 4U, Inc., had free cash flows during 2015 of $41 million, NOPAT of $95 million, and depreciation

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Problem 2-37 Free Cash Flow (LG2-5) Rebecky's Flowers 4U, Inc., had free cash flows during 2015 of $41 million, NOPAT of $95 million, and depreciation of $25 million. Using this information, calculate the missing amounts on Rebecky's balance sheet below. (Enter your answers in millions of dollars.) REBECKY'S FLOWERS 4U, INC Balance Sheet as of December 31, 2015 and 2014 (in millions of dollars) 2015 2014 2015 2014 Assets Current assets Liabilities and Equity Current liabilities: Cash and marketable securities Accounts receivable Inventory $ 38 S 35 90 125 100 144 Accrued wages and taxes Accounts payable Notes payable 17 15 90 70 70 Total $ 282 250 Total 520 $ 175 Fixed assets 520 $ 325 Long-term debt: Stockholders' equity: 570 520 Gross plant and equipment Less: Depreciation Preferred stock (5 million shares) Common stock and paid-in surplus 30 60 225 327 $ 290 847 $ 790 60 $ 515 50 490 (30 million shares) Net plant and equipment Other long-term assets 50 $ 565 540 $ 847 790 Retained earnings 262 Total Total Total assets Total liabilities and equity

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