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Question 1 3 KLM , Inc. 2 0 1 8 Statement of comprehensive income Net sales $ 3 , 6 8 5 Cost of goods

Question 13
KLM, Inc. 2018 Statement of comprehensive income
Net sales $3,685
Cost of goods sold $3,180
Depreciation $104
Earnings before interest and taxes $401
Interest paid $25
Taxable income $376
Taxes $128
Net income $248
Dividends paid $60
Addition to retained earnings $188
KLM, Inc. Statement of financial positions as of December 31,2017 and 2018
2017201820172018
Cash $520 $601 Accounts payable $621 $704
Accounts rec. $235 $219 Notes payable $333 $272
Inventory $964 $799 Current liabilities $954 $976
Current assets $1,719 $1,619 Long-term debt $350 $60
Net fixed assets $890 $930 Common stock $800 $820
Retained earnings $505 $693
Total assets $2,609 $2,549 Total liabilities and Owners equity $2,609 $2,549
What is the cash flow from assets for 2018?

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