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Saved Help Save & Exit Subm Check my work Problem 2-39 Free Cash Flow (LG2-5) Rebecky's Flowers 4U, Inc., had free cash flows during 2021
Saved Help Save & Exit Subm Check my work Problem 2-39 Free Cash Flow (LG2-5) Rebecky's Flowers 4U, Inc., had free cash flows during 2021 of $50 million, NOPAT of $89 million, and depreciation of $21 million. Using this information, fill in the blanks on Rebecky's balance sheet below. (Enter your answers in millions of dollars.) Assets 2021 2020 $ 32 $ 30 50 50 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: $ 34 $ 31 Accrued wages and taxes 92 82 Accounts payable 145 127 Notes payable $ 271 $ 240 Total Long-term debt: $ 530 $ 480 Stockholders' equity: 61 40 Preferred stock (4 million shares) $ 469 $ 440 Common stock and paid-in surplus (30 million shares) 80 80 Retained earnings $ 549 $ 520 Total $ 820 $ 760 Total liabilities and equity Current assets: Cash and marketable securities Accounts receivable Inventory Total Fixed assets: Gross plant and equipment Less: Depreciation Net plant and equipment Other long-term assets Total $ 130 361 $ $ 4 $ 4 60 60 242 $ 306 $ 820 $ 205 269 760 Total assets $
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