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Use the following information to answer this question. The question is what is the cash flow to shareholders? It is a multiple choice question. The
Use the following information to answer this question.
The question is "what is the cash flow to shareholders?"
It is a multiple choice question. The options are:
A) $2,800 million
B) $1,626 million
C) $570 million
D) $570 million (not a typo on my part, but on the homework question)
E) -$350 million
Use the following information to answer this question Windswept, Inc. Current Income Statement (S in millions Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paic $ 11,000 8,200 395 $ 2,405 110 $ 2,295 689 1,606 $1,356 axable Income Less: Taxes Net income Dividends Windswept, Inc. Balance Sheets ($ in millions) Last This Year Year $420$ 445 Accounts payable $ 2,060S 2,005 Last This Year Year ash ccounts rec. nventory Total Net fixed assets 3,7304,35 1,110 Long-term debt 1.8201Common stock $3,610 $ 3,375 Retained earings70 1,21 1980! 1,120 1,580 | $ 3,460 $ 3,190 95 otal assets $ 7,340 $ 7,725Total liab. & equity $ 7,340 $ 7,725 What is the cash flow to shareholdersStep by Step Solution
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