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The following information pertains to Galaxy Interiors: Galaxy Interiors 2011 Income Statement ($ in millions) $21,415 Net sales Cost of goods sold Depreciation Earnings before
The following information pertains to Galaxy Interiors: Galaxy Interiors 2011 Income Statement ($ in millions) $21,415 Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable Income Less: Taxes Net income 16,408 3,396 $2,114 1,374 Galaxy Interiors 2010 and 2011 Balance Sheets S in millions] 2010 2011 $ 668 297 Accounts payable $1,694 1,532 2010 2011 Accounts receivable 1,611 1,527 Notes payable 38482,94 Total 6,12 $4,771 Long-term debt 17489 1710 Common stock 4,194 1532 9,800 10,650 7,500 7,000 Retained earnings 2,1222,696 Total Net fixed assets Total assets $23,616 $21878 Totl lab. &euity $23,616 $21,878 What is the operating cash flow for 20151 A. $2,114 B. $2,900 D. $3,536
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