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QUESTION 6 Given below are the financial statements for Nabors, Inc. for 2011 and 2010. Use the information to calculate cash flow from operations. Naber,
QUESTION 6 Given below are the financial statements for Nabors, Inc. for 2011 and 2010. Use the information to calculate cash flow from operations. Naber, Inc 2011 Income Statement is in millions) 59,610 6,310 13 1.9.30 Net sales Le Cost of goods sold Len Depreciation Earnings before interest and taxes Less Interest paid Taxable income Le Tases Net incom S1,300 845 Nabors, Inc. 2010 and 2011 Balance Sheets (S in millions) 2010 2011 Cash Accounts rec. Inventory Total Net fixed assets 2010 2011 s 310 S 405 2.610 3.033 3.275 3.850 $ 625 $ 7310 10.950 10,670 Accounts payable Notes payable Total Long term debt Common stock Retained earnings Total liab.& equity $ 2,720 S 2,570 100 0 S 2,820 S 2.570 7,875 8,100 5.250 1.490 SI 7.183 $17,980 5.000 2.060 Total assets SI 7.155 $17.980 a. $2.955 b. $975 c. $2.215 d. $1,475 Click Save and Submit to save and submit Click Save all
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