Refer to the 10-K for Gap. Required: 1. What does the company report for the following accounts for the most current fiscal year: Enter your answer in millions. a. Cash b. Short-term investments (or marketable securities) $ c. Accounts receivable d. Inventory e. Other current assets f. Accounts payable g. Other current liabilities h. Cash flow from operations $ $ $ S 1,215 0 3,018 1,951 3,675 2. The company projects the following to occur in the next fiscal year: Accounts payable will increase by 5%. . Other current liabilities are expected to increase by 6%. Cash flow from operations is expected to decrease by 9%. Assume all other items remain unchanged from the prior year. Provide the next year's forecasted balances for the following accounts and cash flow from operations.

1. What does the company report for the following accounts for the most current fiscal year: Enter your answer in millions. 2. The company projects the following to occur in the next fiscal year: - Accounts payable will increase by 5%. - Other current liabilities are expected to increase by 6%. - Cash flow from operations is expected to decrease by 9%. Assume all other items remain unchanged from the prior year. Provide the next year's forecasted balances for the following accounts and cash flow from operations. \begin{tabular}{|c|c|c|} \hline (d) and shares in millons exsept por value) & & 202223 \\ \hline & & \\ \hline Current assets: & & \\ \hline Cash and cash equivalents & 1,215 & 877 \\ \hline Merchandise inventory & 2,389 & 3,018 \\ \hline Other current assets & 1,013 & 1.270 \\ \hline Total current assets & 4,617 & 5,165 \\ \hline Property and equipment, net of accurnulated depreciation & 2,6807,688 & 3,037 \\ \hline Operatiog lease assets & 3,173 & 3,675 \\ \hline Other long-term assets & 908 & 884 \\ \hline Total assets & 11.386 & 12,761 \\ \hline LIABILTIES AND STOCKHOLDERS EQUITY & & \\ \hline Current liabilifes: & & \\ \hline Accounts payable & 1,320 & 1,951 \\ \hline Accrued expenses and other current liablities & 1.219 & 1,367 \\ \hline Curtent portion of operating lesse labilites & 667 & 734 \\ \hline income taxes payable & 50 & 25 \\ \hline Tobal current labilies & 3.256 & 4.077 \\ \hline Long-lerm labilees: & & \\ \hline Revolving credit lacility & 350 & - \\ \hline Long-em debt & 1,480 & 1,484 \\ \hline Long-term operating lease fiabilites & 3,517 & 4,033 \\ \hline Cher long term liabilities & 544 & 445. \\ \hline Total long-term liablties & 5.897 & 5.962 \\ \hline Commitments and contingencies (see Nole 15) & & \\ \hline Stocktoldors' equity & & \\ \hline Common slock $0.05 par value & & \\ \hline \begin{tabular}{l} Authorived 2,300 shares for all periods presented, lssued and \\ Outstanding 366 and 371 shares \end{tabular} & 18 & 19. \\ \hline Additional poid-in capital & 27 & 43 \\ \hline Retainod earnings & 2,140 & 2.622 \\ \hline Accumulated other comprehensive income. & 48 & 38 \\ \hline Totel stockhodiders' equily & 2.233 & 2722 \\ \hline \end{tabular} THE GAP, INC. CONSOLIDATED STATEMENTS OF OPERATIONS THE GAP, INC