Stockbridge Sprockets, Inc.

2019 Income Statement

Net Sales $11,407

Less: Cost of goods sold 7,871

Less: Depreciation 1,509

EBIT 2,027

Less: Interest paid 210

Taxable Income (EBT) $1,817

Less: Taxes 636

Net income $1,181

Stockbridge Sprockets, Inc.

2018 and 2019 Balance Sheets

($ in millions)

2018 2019 2018 2019

Cash $276 $316 Accounts Payable $1,818 $1,719

Accounts Rec. 1,415 1,068 Notes Payable 250 75

Inventory 2,104 2,690 Total CL 2,068 1,794

Total CA 3,795 4,074 Long-term debt 3,400 3,100

Net fixed assets 5,613 6,342 Total Liabilities 5,468 4,894

Common stock 2,500 3.250

Retained earnings 1,440 2,272

Total Equity 3,940 5,522

Total Assets $9,408 $10,416 Total Liab. & Equity $9,408 $10,416

Dividends Paid in 2019: $349

1. What is the amount of the non-cash expenses in 2019?

2. What is the amount of the Cash Flow to Creditors in 2019?

3. What is the amount of the Cash Flow to Shareholders in 2019?

4. What is the Cash Flow From Assets in 2019?