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Saved Vinny's Overhead Construction had free cash flow during 2021 of $34.7 million. The change in gross fixed assets on Vinny's balance sheet during 2021
Saved Vinny's Overhead Construction had free cash flow during 2021 of $34.7 million. The change in gross fixed assets on Vinny's balance sheet during 2021 was $6.0 million and the change in net operating working capital was $70 million. Calculate the missing amounts on Vinny's income statement below. (Enter your answers in millions of dollars rounded to 2 decimal places.) 00:20:00 $ 204.10 127.10 77.00 $ eBook VINNY'S OVERHEAD CONSTRUCTION, CORP. Income Statement for Year Ending December 31, 2021 (in millions of dollars) Net sales Less: Cost of goods sold Gross profits Less: Other operating expenses Earnings before interest, taxes, depreciation, and amortization (EBITDA) Less: Depreciation Earnings before interest and taxes (EBIT) Less: Interest Earnings before taxes (EBT) Less: Taxes 13.40 $ 63.60 10.60 $ $ 53.00 8.76 44.24 15.90 28.34 $ Net income
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