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Use the Hilltop Industries Income Statement and Balance Sheets for Questions 5-8 Hilltop Industries 2017 Income Statement ($ in millions) Net Sales $11.407 Less: Cost

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Use the Hilltop Industries Income Statement and Balance Sheets for Questions 5-8 Hilltop Industries 2017 Income Statement ($ in millions) Net Sales $11.407 Less: Cost of goods sold 7,871 Less: Depreciation 1,509 EBIT 2.027 Less: Interest paid 210 Taxable Income (EBT) $1,817 Less: Taxes 636 Net income $1,181 Hilltop Industries 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 Cash $276 $316 Accounts Payable $1,818 $1,719 Accounts Rec 1,415 1,068 Notes Payable 250 75 Inventory 2.104 2,690 TotalCL 2,068 1794 Total CA $3,795 $4,074 Long-term debt 3,400 3,100 Net fixed assets 5,613 6,342 Total Liabilities 5,468 4,894 Common stock 2,500 3,250 Retained earnings 1.440 2,272 Total Equity 3,940 5,522 Total Assets $9,408 $10,416 Total Liab. & Equity $9,408 $10,416 Dividends Paid in 2017: $349 Activat Dividends Paid in 2017: $349 NOTE: Please pay attention to the column headings on the balance sheet to determine beginning and ending year data. Question 5: What is the amount of the non-cash expenses for 2017? Multiple Choice $210 $5,719 $5.509 $1,509 O $1,719 Activate Dividends Paid in 2017: $349 NOTE: Please pay attention to the column headings on the balance sheet to determine beginning and ending year data. Question 6: What is the Cash Flow to Creditors for 2017? Multiple Choice -$90 $510 $90 O $210 $300 Dividends Paid in 2017: 5349 NOTE: Please pay attention to the column headings on the balance sheet to determine beginning and ending year data. Question 7: What is the Cash Flow to Shareholders for 2017? Multiple Choice -$401 O $349 $401 $1,099 $750 Activate Dividends Paid in 2017: $349 NOTE: Please pay attention to the column headings on the balance sheet to determine beginning and ending year data. Question 8: What is the Cash Flow From Assets for 2017? Multiple Choice $109 $247 $553 O $7,065 $0 Activate Go to Sett

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