Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 10 Not yet answered Marked out of 1.00 p Flag question You have just obtained financial information for the past 2 years for Awad
Question 10 Not yet answered Marked out of 1.00 p Flag question You have just obtained financial information for the past 2 years for Awad Corporation Awad CORPORATION INCOME STATEMENTS FOR YEAR ENDING DECEMBER 31 (MILLIONS DE DOLLARS) Sales Operating costs (excluding depreciation and amortization) EBITDA Depreciation and amortization Earnings before interest and taxes Interest Earnings before taxes Taxes (400) Net income available to connon stockholders Common dividends 2020 $3,600.0 3,060.0 S540.0 90.0 S459.0 65.0 $395.0 154.0 3.231.0 S181.5 2019 $3,000.0 2,550.0 $ 450.0 75.0 $ 375.0 60.0 $ 315.0 126.0 6 189.0 $ 13.2 Awad CORPORATION: BALANCE SHEETS FOR YEAR ENDING DECEMBER 31 IMILLIONS OF DOLLARS) 2020 2019 Assets: Cash and marketable securities ABONEs receivable Inventories Total currunt assets Net plant and equipment Total assets $ 36.0 540.0 500.0 $1,116.0 900.0 $2.016.0 30.0 150.0 600.0 $1,080.0 750.0 $1.830.0 Liabilities and equity: Accounts payable Notas payable Acoruals Total current liabilities Long-term bonds Total debt Common stock (50 million shares) Retained ennings Total correon equity Tulal liabilities and bully $324.0 201.0 216.0 741.0 450.0 $1,191.0 150.0 675.0 S825 $2,016,0 $ 270.0 155.0 180.0 605.0 450.0 $1.055.0 150.0 625.0 S775.0 $1,830.0 What is Awad's net cash flows from financing activities (CFF) for 2020? Select one: O a. $32,800,000 o b. Cannot be determined. c. $135,500,000 o d. ($135,500,000) e. $255,000,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started