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Problem 3 - 6 Financial Statements ( LO 1 , 4 ) South Sea Baubles has the following ( incomplete ) balance sheet and income
Problem Financial Statements LO
South Sea Baubles has the following incomplete balance sheet and income statement.
a&b What is shareholders' equity in and
c&d What is net working capital in and
e What are taxes paid in Assume the firm pays taxes equal to of taxable income.
f What is cash provided by operations during
g Net fixed assets increased from $ million to $ million during What must have been South Sea's gross investment in
fixed assets during
h If South Sea reduced its outstanding accounts payable by $ million during the year, what must have happened to its other current
liabilities?
Complete this question by entering your answers in the tabs below.
Req A and ReqC and
What is cash provided by operations during Do not round intermediate calculations. Enter your answer in millions
rounded to decimal places. Just question F please.
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