RFT Corporation $2018$ Statement of comprehensive income $($$ in millions$)$

Sales $$10,850$

Costs of goods sold $$8,410$

Depreciation $$190$

EBIT $$2,250$

Interest $$165$

EBT $$2,085$

Taxes $$710$

Net income $$1,375$

Dividends paid $$300$

Addition to retained earnings $$1,075$

RFT Corporation Statement of financial position Years ended $2017$ and $2018($$ in millions$)$

$2017201820172018$

Cash $$980$ $$960$ Accounts payable $$950$ $$730$

Accounts rec. $$950$ $$880$ Notes payable $$40$ $$150$

Inventory $$2,120$ $$1,750$ Total $$990$ $$880$

Total $$5,050$ $$3,590$ Long$-$term debt $$2,225$ $$100$

Fixed assets $$1,700$ $$2,540$ Common stock $$2,030$ $$3,570$

Retained earnings $$505$ $$1,580$

Total assets $$5,750$ $$6,130$ Total liabilities and Owner$$s equity $$5,750$ $$6,130$

The uses of cash include $($$ in millions$)$:

Multiple Choice

$$110$ from notes payable.

$$1,075$ from retained earnings.

$$840$ from fixed assets.

$$370$ from inventory.

$$70$ from accounts receivable.