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Sales Costs of goods sold Depreciation EBIT Interest EBT Taxes Net income Dividends paid RFT Corporation 2018 Statement of comprehensive income ($ in millions)
Sales Costs of goods sold Depreciation EBIT Interest EBT Taxes Net income Dividends paid RFT Corporation 2018 Statement of comprehensive income ($ in millions) $10,850 $8,410 $190 $2,250 $165 $2,085 $710 $1,375 $300 Addition to retained earnings $1,075 RFT Corporation Statement of financial position Years ended 2017 and 2018 Cash Accounts rec. ($ in millions) 2017 2018 $980 $960 Accounts payable 2017 2018 $950 $730 $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 $6,130 The net cash from investment activity for 2018 is ($ in millions): -$840 $840 O $1,030 O -$1,030 O-$650
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