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Rebecky's Flowers 4U, Inc., had free cash flows during 2021 of $40 million, NOPAT of $80 million, and depreciation of $10 million. Using this information,
Rebecky's Flowers 4U, Inc., had free cash flows during 2021 of $40 million, NOPAT of $80 million, and depreciation of $10 million. Using this information, fill in the blanks on Rebecky's balance sheet below. (Enter your answers in millions of dollars.) Assets 2021 2020 Current assets: Cash and marketable securities $ 12 $ 10 60 Accounts receivable Inventory Total 50 REBECKY'S FLOWERS 4U, INC. Balance Sheet as of December 31, 2021 and 2020 (in millions of dollars) 2021 2020 Liabilities and Equity Current liabilities: $ 23 $ 20 Accrued wages and taxes 70 60 Accounts payable 129 110 Notes payable $ 222 $ 190 Total Long-term debt: $ 343 $ 310 Stockholders' equity: 40 30 Preferred stock (4 million shares) $ 303 $ 280 Common stock and paid-in surplus (30 million shares) 40 40 Retained earnings $ 343 $ 320 Total $ 565 $ 510 Total liabilities and equity 50 120 $ $ 176 $ 4 Fixed assets: Gross plant and equipment Less: Depreciation Net plant and equipment Other long-term assets Total Total assets 4 $ 60 60 187 150 $ $ 251 $ 565 $ 214 510
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