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South Sea Baubles has the following incomplete balance sheet and income statement. a. What is shareholders' equity in 2017 and 2018? b. What is net
South Sea Baubles has the following incomplete balance sheet and income statement. a. What is shareholders' equity in 2017 and 2018? b. What is net working capital in 2017 and 2018 ? c. What is taxable income and taxes paid in 2018? Assume the firm pays taxes equal to 35% of taxable income. (Round your answers to 2 decimal places.) d. What is cash flow provided by operations during 2018? Pay attention to changes in net working capital. (Round your answers to 2 decimal places. Use minus sign to enter cash outflows, if any.) Now assume that interest is an financing flow. \begin{tabular}{l|l|l|} \hline Cash fow from operations (odjusted) & milion \\ \hline \end{tabular} e. What must have been South Sea's gross ifvestment in fixed assets (capital expenditure) during 2018 ? (Enter your answer as positive value.] f. If South Sea reduced its outstanding accounts payable by $35 million during 2018 , what must have happened to its other current liabilities? (Enter your answers as positive values.) g. What are the 2018 cash flow from assets, and cash flow to bondholders and shareholders? (Round your answers to 2 decimal places. Use minus sign to enter cash outflows, if any.) Now assume that interest is a financing flow
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