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Questions #15-M20 are based on the following statements. Nabors, Inc. 2010 Income Statement (S in millions) Net sales Less: Cost of goods sold Less: Depreciation

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Questions #15-M20 are based on the following statements. Nabors, Inc. 2010 Income Statement (S 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 $1,300 S 845 Nabors, Inc 2009 and 2010 Balance Sheets ($ in millions) 2002 2010 2009 2010 s 310 405 Accounts payable 2,720 2,570 Cash Accounts rec. Inventory Total Net fixed assets 2,640 3,055 Notes payable 3,275 3.850 Long-term debt 2.820 Common stock Total Long-term debt Retained earnings1490 S 6,225 s 7310 10.670 7,875 8,100 10.960 5,000 5,250 2.060 Total assets$17185 $17980 Total liab&equity$17185 $17980 15. What is the change in the net working capital from 2009 to 2010? A. $1,035 B. $1,335 C. $3,405 D. $4,740 $1.370 7 Whut is the amoust of the et capal speing for 20 D. $1,660 18 What is the operating cash fe for 2030 $2,845 19. What is the cash flow from assets of the firm for $1,340 D $2,590 20. What is the cash Bow to credinors for 2030 B. $225 C $225 D $405

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