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solve this please RFT Corporation 2018 Statement of comprehensive income ($ in millions) Sales $10,850 Costs of goods sold $8,4101 Depreciation $190 EBIT $2,250 Interest
solve this please
RFT Corporation 2018 Statement of comprehensive income ($ in millions) Sales $10,850 Costs of goods sold $8,4101 Depreciation $190 EBIT $2,250 Interest $165 EBT $2,085 Taxes $710 Net income $1,375 Dividends paid $300 Addition to retained earnings $1,075 Cash Accounts rec. Inventory Total Fixed assets RFT Corporation Statement of financial position Years ended 2017 and 2018 ($ in millions) 2017 2018 $980 $960 Accounts payable $950 $880 Notes payable $2,120 $1,750 Total $5,050 $3,590 Long-term debt $1,700 $2,54 Common stock (Retained earnings $5,7501 $6,130 Total liabilities and Owner's equity 2017 $950 $40 $990 $2,225 $2,030 $505 $5,750 2018 $730 $150 $880 $1001 $3,5701 $1,580 $6,130 Total assets The net cash from financing activity for 2018 is ($ in millions) Step by Step Solution
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