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Nabors, Inc. 2018 statement of comprehensive income ($ in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable income Less: Taxes Net income $9,610 6,310 1,370 1.930 630 $1,300 4551 $845 Nabors, Inc. 2017 and 2018 Statement of financial positions ($ in millions) 2017 2018 2017 Cash $310 $405 Accounts payable $2,7201 Accounts rec. 2,640 3,055 Notes payable 100 Inventory 3,275 3,850 Tota $2,820 Total $6,225 $7,310 Long-term debt 7.875 Net fixed assets 10.960 10.670 Common stock 5.000 Retained earnings 1.490 2018 $2,570 0 $2,570 8.100 5.250 2.060 Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable income Less Taxes Net income 6,310 1,370 1,930 630 $1,300 455 $845 Nabors, Inc. 2017 and 2018 Statement of financial positions ($ in millions) 2017 2018 2017 2018 Cash $310 $405 Accounts payable $2,720 $2,570 Accounts rec. 2,640 3,055 Notes payable 100 Inventory 3,275 3.850 Total $2,820 $2,570 Total $6,225 $7,310 Long-term debt 7,875 8,100 Net fixed assets 10.960 10,670 Common stock 5,000 5,250 Retained earnings 1,490 2,060 Total assets $17,185 $17,980 Total liab. & equity $17,185 $17,980 What is the cash flow from assets for 2018 ($ in millions)? Multiple Choice $2,590 $1,340 $430 $3,100 $485 Aussel Motors, Inc. 2018 statement of comprehensive income ($ in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Earnings before taxes Less: Taxes Net Income $6,080 3,890 860 1,330 270 1,060 360 700 Aussel Motors, Inc. 2017 and 2018 statement of financial position ($ in millions) 2017 2018 Cash 415 560 Accounts payable Accounts receivable 860 840 Current portion of LTD Inventory 1270 1,390 Total Total 2.545 2.790 Long-term debt Net fixed assets 3,180 4.660 Common stock Retained earnings 2017 2018 540 610 O 50 540 660 2165 3480 2000 2250 1020 1060 Multiple Choice O O $2,005 $40 $75 $125 $2,140 Aussel Motors, Inc. 2018 statement of comprehensive income ($ in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Earnings before taxes Less: Taxes Net Income $6,080 3,890 8600 1,330 270 1,060 3600 700 Aussel Motors, Inc. 2017 and 2018 statement of financial position ($ in millions) 2017 2018 Cash 415 560 Accounts payable Accounts receivable 860 840 Current portion of LTD Inventory 1,270 1,390 Total Total 2,5451 2,790 Long-term debt Net fixed assets 3,180 4,660 Common stock Retained earnings 2017 2018 5400 610 0 50 540 6601 2165 3480 2000 2250 1020 10600 OON 1,330 270 Less: Depreciation Earnings before interest and taxes Less: Interest paid Earnings before taxes Less: Taxes Net Income 1,060 360 700 Aussel Motors, Inc. 2017 and 2018 statement of financial position ($ in millions) 2017 2018 Cash 415 560 Accounts payable Accounts receivable 860 840 Current portion of LTD Inventory 1,270 1,390 Total Total 2,545 2,790 Long-term debt Net fixed assets 3,180 4,660 Common stock Retained earnings Total assets 5,725 7,450 Total liab. & equity 2017 2018 540 610 0 50 540 660 2165 3480 2000 2250 1020 1060 5725 7450 What is the operating cash flow for 2018 ($ in millions)? Multiple Choice $1.560 $1,060 0 $1,960 (D $1,830 () $1,920 Knickerdoodles, Inc. 2017 $740 430 2018 $785 460 35 33 17 210 75 Sales COGS Interest Dividends Depreciation Cash Accounts receivables Current liabilities Inventory Long-term debt Net fixed assets Common stock Tax rate 16 250 700 563 390 6621 340 1,680 700 35% 502 405 640 410 1,413 235 35% What is the cash flow to creditors for 2018? Multiple Choice Multiple Choice -$35 $170 $205 -$170 O $135