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Rebeckys Flowers 4U, Inc., had free cash flows during 2021 of $47 million, NOPAT of $89 million, and depreciation of $11 million. Using this information,
Rebeckys Flowers 4U, Inc., had free cash flows during 2021 of $47 million, NOPAT of $89 million, and depreciation of $11 million. Using this information, fill in the blanks on Rebeckys balance sheet below.
REBECKY'S FLOWERS 4U, INC. Balance Sheet as of December 31, 2021 and 2020 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{10}{|c|}{ (in millions of dollars) } \\ \hline Assets & \multicolumn{2}{|c|}{2021} & \multicolumn{2}{|c|}{2020} & Liabilities and Equity & \multicolumn{2}{|c|}{2021} & \multicolumn{2}{|c|}{2020} \\ \hline Current assets: & & & & & Current liabilities: & & & & \\ \hline Cash and marketable securities & $ & 24 & $ & 21 & Accrued wages and taxes & $ & 17 & $ & 15 \\ \hline Accounts receivable & & 72 & & 62 & Accounts payable & & & & 70 \\ \hline Inventory & & 135 & & 117 & Notes payable & & 55 & & 55 \\ \hline Total & $ & 231 & $ & 200 & Total & & & $ & 140 \\ \hline Fixed assets: & & & & & Long-term debt: & & & $ & 209 \\ \hline Gross plant and equipment & $ & 353 & $ & 320 & Stockholders' equity: & & & & \\ \hline Less: Depreciation & & 51 & & 40 & Preferred stock (6 million shares) & $ & 6 & $ & 6 \\ \hline Net plant and equipment & $ & 302 & $ & 280 & Common stock and paid-in surplus (10 million shares) & & 20 & & 20 \\ \hline Other long-term assets & & 50 & & 50 & Retained earnings & & 192 & & 155 \\ \hline Total & $ & 352 & $ & 330 & Total & $ & 218 & $ & 181 \\ \hline Total assets & $ & 583 & $ & 530 & Total liabilities and equity & $ & 583 & $ & 530 \\ \hline \end{tabular}
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