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South Sea Baubles has the following (Incomplete) balance sheet and income statement. sets Current assets Net fixed assets BALANCE SERET AT END OF YEAR (Figures
South Sea Baubles has the following (Incomplete) balance sheet and income statement. sets Current assets Net fixed assets BALANCE SERET AT END OF YEAR (Figures in millions) 2015 2016 KIBETETS and Shareholders Ruilty $ 100 $ 190 Current liabilities 900 1,000 Long-term debt 2015 $ 70 650 2016 90 850 INCOME STATEMENT, 2016 Eigures in $ millions) Revenue $ 2,000 Cost of goods sold 1,080 Depreciation 400 Interest expense 250 a&b. What is shareholders' equity in 2015 and 2016? (Enter your answers in millions.) 2016 2015 million Shareholders' equity million c&d. What is net working capital in 2015 and 2016? (Enter your answers in millions.) 2015 2016 Not working capital million million a. What are taxes paid in 2016? Assume the firm pays taxes equal to 35% of taxable income. (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) The paid million What is cash provided by operations during 2016? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places) Cash provided by portion million 9. Net fixed assets Increased from $900 million to $1.000 million during 2016. What must have been South Sea's gross Investment in fixed assets during 20167 (Enter your answer in millions.) 9. vmont million
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