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Help Center ? Use the following information to asnwer this question. Windswept, Inc. 2010 Income Statement ($ in millions) Net sales $ 9.1001 Less: Cost
Help Center ? Use the following information to asnwer this question. Windswept, Inc. 2010 Income Statement ($ in millions) Net sales $ 9.1001 Less: Cost of goods sold 7,340 Less: Depreciation 3001 Earnings before interest and taxes $ 1,460 Less: Interest paid 85 Taxable income $ 11,375 Less: Taxes 413 Net income $ 962 Windswept, Inc. 2009 and 2010 Balance Sheets ($ in millions) 2009 2010 2009 2010 Cash $ 230 $ 230 Accounts payable $1,350 $ 1.350 Accounts rec. 1,000 800 Long-term debt 1.1201 1,390 Inventory 1.600 1630 Common stock $ 3,260 $ 3.000 To al $ 2.830 S 2.660 Retained earnings 4501 7001 N t fixed assets 3,350 3.780 T tal assets $ 6,180 $ 6.440 Total liab. & equity $6.180 $16,440 What is Windswept, Inc.'s cash flow from operating activites? Help Center ? Use the following information to asnwer this question. Windswept, Inc. 2010 Income Statement ($ in millions) Net sales $ 9.1001 Less: Cost of goods sold 7,340 Less: Depreciation 3001 Earnings before interest and taxes $ 1,460 Less: Interest paid 85 Taxable income $ 11,375 Less: Taxes 413 Net income $ 962 Windswept, Inc. 2009 and 2010 Balance Sheets ($ in millions) 2009 2010 2009 2010 Cash $ 230 $ 230 Accounts payable $1,350 $ 1.350 Accounts rec. 1,000 800 Long-term debt 1.1201 1,390 Inventory 1.600 1630 Common stock $ 3,260 $ 3.000 To al $ 2.830 S 2.660 Retained earnings 4501 7001 N t fixed assets 3,350 3.780 T tal assets $ 6,180 $ 6.440 Total liab. & equity $6.180 $16,440 What is Windswept, Inc.'s cash flow from operating activites
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