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The following table shows an abbreviated income statement and balance sheet for Quick Burger Corporation for 2019 INCOME STATEMENT OF QOTOK BURGER CORP., 2013 Eigures

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The following table shows an abbreviated income statement and balance sheet for Quick Burger Corporation for 2019 INCOME STATEMENT OF QOTOK BURGER CORP., 2013 Eigures in millions Net sales $.27,572 Conta 17,574 Depreciation 2.107 Earnings before interest and taxes (EBIT) 0,591 Interest expense 522 Pretax income 8,069 Federal taxes te 211) 1,694 Net income $ 6,375 Assets Current assets Cash and marketable securities Receivables Inventories Other current assets Total current assets Fixed assots Property, plant, and equipment Tatangible assets (goodvill) Other long-term sto Toaleto BALANCE SHEET OF QUICK BURGER CORP., 2019 (Figures in milliona) 2019 2018 Liabilities and Shareholders' Equity 2019 2018 Current liabilities $ 2.345 $2.341 Debt due for repayment 302 1.380 3.340 Accounts payable 3,400 3.210 127 122 Total current abilities 1,094 621 $ 3,94292 Long-term debt $25.639 512,139 524.662 $22,340 Other long-ten Labasties 3,063 2.309 2.659 Total Issities 120,105 310,6 2.900 3,104 Total shareholderssy 15,313 $35,421 $23,024 Total abilities and trender equity 35.121 13.02 In 2019 Quick Burger had capital expenditures of $3,054 a. Calculate Quick Burger's free cash flow in 2019. (Enter your answer in millions.) Answer is complete but not entirely correct. Free cash flow $ 4,500 million b. If Quick Burger was financed entirely by equity, how much more tax would the company have paid? (Assume a tax rate of 21%) (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Answer is complete but not entirely correct. $ 6,786.89 million Additional tax c. What would the company's free cash flow have been if it was all equity financed? (Enter your answer in millions.) Answer is complete but not entirely correct. Free cash flow 4.500

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