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Use the information about Billy's Burgers to answer the following question(s): Billy's Burgers Figures in $ millions Income Statement Net Sales Costs exc. Dep. EBITDA

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Use the information about Billy's Burgers to answer the following question(s): Billy's Burgers Figures in $ millions Income Statement Net Sales Costs exc. Dep. EBITDA Depreciation 2010 2010 246.0 187.0 59.0 17.2 Balance Sheet Assets Cash Accts. Rec. Inventories Total Current Aecate 8.0 21.0 23.0 ERIT 41 R 520 O A. $17.2 million OB. $20.6 million OC. $50.8 million OD. $12.0 million EBIT Interest Pretax Income Taxes 41.8 12.0 29.8 10.4 Total Current Assets Net PP&E Total Assets 52.0 145.0 197.0 Net Income 19.4 to 18.0 iti ST PI Liabilities and Equity Accts. Payable Long - Term Debt Total Liabilities Total Stockholders' 82.0 100.0 O A. $17.2 million O B. $20.6 million OC. $50.8 million (D. $12.0 million This Question: 4 pts 15 of 25 (4 complete) th 1 ta 1 liti SI PI Liabilities and Net Income 19.4 Equity Accts. Payable 18.0 Long - Term Debt 82.0 Total Liabilities 100.0 Total Stockholders' Equity 97.0 Total Liabilities and Equity 197.0 Using the percent of sales method, and assuming 20% growth in sales, estimate Billy's Burgers' depreciation for 2011 O A. $17.2 million B. $20.6 million OC. $50.8 million D. $12.0 million

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