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The following information applies to the questions displayed below The following is the balance sheet and income statement for YUM, Inc.(the company that operates Kentucky

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The following information applies to the questions displayed below The following is the balance sheet and income statement for YUM, Inc.(the company that operates Kentucky Fried Chicken and Pizza Hut), In condensed form, plus some Information from the cash flow statement in millions except per share data) 2013 2012 Cash and short-term Investments Accounts recelvable Inventory Other current assets Long-lived assets S 573 $ 776 $ 1198 286 273 319 294 505 301 313 535 7004 70886,513 Total assets 8,695 $ 9,013 $ 8,834 Current liablities Total llabilities 2.265 2,279$ 2,450 6,7016,918 2,229 2,253 1,916 S 8,695 $ 9,013 $ 8834 39 59 Noncontrolling interest Sharehoiders' equity Total debt and equity Income Statement Cost of sales $13,084 $ 13,632 $ 12,626 9140 9,501 9,852 Gross margin s 3,583 $ 3780 $ 3,486 Earnings before Interest and taxes Interest Taxes Noncontroling Interest $ 1798 $ 2,294 S 1,815 156 324 16 247 487 (27) 537 Net income $ 1,091 $1,597 $ 1,319 Share price Earnings per share S 74 65 $ 59 2.81 2.41 3.46

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