Requirement: Statement of Cash Flow for the year 2015

is shown here. 2014 Tor the $1,000.0 850.0 $ 150.0 25.09 uitement Powell Panther Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2015 Sales $1,200.0 Operating costs excluding depreciation 1,020.0 and amortization EBITDA $ 180.0 30.0 Depreciation & amortization Earnings before interest and taxes $ 150.0 (EBIT) Interest 21.7 Earnings before taxes (EBT) $ 128.3 Taxes (40%) 51.3 Net income $ 77.0 Common dividends $ 60.5 $ 125.0 20.2 $ 104.8 41.9 $ 62.9 $ 46.4 2014 Powell Panther Corporation: Balance Sheets as of December 31 (Millions of Dollars) 2015 Assets Cash and equivalents $ 12.0 Accounts receivable 180.0% Inventories 180.0 Total current assets $372.0 Net plant and equipment 300.0 Total assets $672.0 $ 10.0 150.0 200.0 $360.0 250.0 $610.0 Powell Panther Corporation: Balance Sheets as of December 31 (Millions of Dollars) 2015 2014 $108.0 72.0 $ 90.0 60.0 51.5 $201.5 Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term bonds Total liabilities Common stock (50 million shares) Retained earnings Common equity Total liabilities and equity 670 $247.0 150.0 $397.0 150.0 $351.5 50.0 50.0 225.0 208.5 $258.5 $275.0 $672.0 $610.0