Use the balance sheet and income statement below to construct a statement of cash flows for 2016 for Mamun Constructions.

Balance Sheet of Mamun Constructions (millions of dollars)

2015

2016

2015

2016

Assets

Liabilities

Current Assets

Current Liabilities

Cash

$65

$75

Accrued Wages and Taxes

$43

$40

Accounts Receivable

$110

$115

Accounts Payable

$80

$90

Inventory

$190

$200

Notes Payable

$70

$80

Total Current Assets

$365

$390

Total Current Liabilities

$193

$210

Fixed Assets

Long-term Debt

$280

$300

Gross Plant and Equipment

$471

$580

Equity: Stockholders' equity

Less Depreciation

$100

$110

Preferred Stock (2 million shares)

$5

$5

Net: Plant and Equipment

$371

$470

Common Stock ( 5 million shares)

$65

$65

Other Long-term Assets

$49

$50

Retained Earnings

$242

$330

Total

$420

$520

Total

$312

$400

Total Assets

$785

$910

Total Liabilities and Equity

$785

$910

Income Statement of Mamun Construction

(Missions of dollars)

2015

2016

Net Sales (All Credits)

$432

$515

Less: Cost of Goods sold

$200

$260

Gross Profits

$232

$255

Less: Depreciation

$20

$22

Earnings Before interest and taxes (EBIT)

$212

$233

Less: Interest

$30

$33

Earnings before taxes

$182

$200

Less: taxes

$55

$57

Net Income

$127

$143

Less: Preferred Stock Dividends

$5

$5

Net Income Available to common stock holders

$122

$138

Less: Common Stock Dividend

$65

$65

Addition to retained earnings

$57

$73

Calculate the following ratios:

a. Current ratio

b. Quick ratio

c. Days sales in receivables

d. Days sales in inventory

e. Sales to fixed assets

f. Total assets turnover

g. Debt to assets

h. Times interest earned

i. Cash flow to debt

j. Gross margin

k. Profit margin

l. ROA

m. ROE

n. Dividend payout ratio