Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the cash flow from assets for 2018 ($ in millions)? (check the attached picture down) Select one: a. $2,590 b. $410 c. $1,340

What is the cash flow from assets for 2018 ($ in millions)? (check the attached picture down)

Select one:

a. $2,590

b. $410

c. $1,340

d. $430

e. $3,100

-Just answer if you're 100% sure about the Correct Letter for the question, please

-Dont Explain at all please, Just the correct letter for the question without any explanation at all, and I'll put a like.

image text in transcribed

What is the cash flow from assets for 2018 ($ in millions)? $9,610 6,310 1,370 1,930 630 $1,300 455 $845 2018 statement of comprehensive income ($ in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable Income Less: Taxes Net income 2017 and 2018 Statement of financial positions (S in millions) 2017 2018 2017 Cash $310 $405 Accounts payable $2,720 Accounts rec. 2,640 3,055 Notes payable 120 Inventory 3,275 3,850 Total $2,840 Total $6,225 $7,310 Long-term debt 7,875 Net fixed assets 10,960 10,670 Common stock 5,000 Retained earnings 1,490 Total assets $17,185 $17,980 Total liab. & equity $17,205 2018 $2,570 0 $2,570 8,100 5,250 2,060 $17,980 Select one: O a. $2,590 O b. $410 O c. $1,340 O d. $430 O e. $3,100

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions