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South Sea Baubles has the following (incomplete) balance sheet and income statement. f. What is cash provided by operations during 2019? g. Net fixed assets
South Sea Baubles has the following (incomplete) balance sheet and income statement.
f. What is cash provided by operations during 2019?
g. Net fixed assets increased from $850 million to $950 million during 2019. What must have been South Seas gross investment in fixed assets during 2019?
South Sea Baubles has the following (incomplete) balance sheet and income statement. BALANCE SHEET AT END OF YEAR (Figures in $ millions) Assets 2018 2019 Liabilities and Shareholders' Equity 2018 2019 Current assets $ 95 $ 165 Current liabilities $ 60 $ 75 Net fixed assets 850 950 Long-term debt 625 800 INCOME STATEMENT, 2019 (Figures in $ millions) Revenue $1,975 Cost of goods sold 1,055 Depreciation 375 Interest expense 245 a&b. What is shareholders' equity in 2018 and 2019? c&d. What is net working capital in 2018 and 2019? e. What are taxes paid in 2019? Assume the firm pays taxes equal to 21% of taxable income. f. What is cash provided by operations during 2019? g. Net fixed assets increased from $850 million to $950 million during 2019. What must have been South Sea's gross investment in fixed assets during 2019? Req A and B ReqC and D Req E Reg F Req G What is cash provided by operations during 2019? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Cash provided by operations 562.00 million $
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