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Section: H11-05 Last name D No.: First Name: DUE: Tues 02/12/19 at 12:30pm Use the following financial statements to answer questions 4-5. MKC, Inc. Balance

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Section: H11-05 Last name D No.: First Name: DUE: Tues 02/12/19 at 12:30pm Use the following financial statements to answer questions 4-5. MKC, Inc. Balance Sheet is in millions) Assets xxi -Liabilities and equity Current Assets Current liabilities 930 776Accounts payable 824 764 Accounts receivable 988 Notes payable 300 Total current liabilities1.174 1.431 1,164 372 Total current assets 2,365 2,064 Long-term debt Common stock and paid-in surplus 400 728 1,128 2,9952,664 Fixed assets 190 Net plant and equipment 600 Retained earnings 630 Total Equity 2,664Total liabilities and equity 390 Total assets 2.995 Income Statement (S in millions) Net sales 800 1,470 1,300 Earnings before interest and taxes Interest Taxable income Taxes Net income Dividends Addition to Retained earnings Number of share outstanding 132 20.0 4. Calculate internal growth rate. (2 points) 5. Calculate Operating Cash Flow (OCF), Capital Spending, and Free Cash Flow (FCF) (2 points)

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