Windswept, Inc. Current Income Statement ($ in millions) Net sales $ 10,900 Less: Cost of goods sold 8,150 Less: Depreciation 3901 Earnings before interest and taxes $ 2,3601 Less: Interest paid 1081 Taxable income $ 2,252 Less: Taxes 676 Net income $ 1,576 Dividends $ 1,326 Last Year This Year Cash $ 2,030 $ 1,9651 Accounts rec. Inventory Windswept, Inc. Balance Sheets ($ in millions) Last Year This Year Accounts $ 410 $ 4350 payable 1,190 1,090 Long-term debt 1,960 1,810 Common stock Retained $ 3,560 $ 3,335 earnings 3,710 4,3201 Total liab. & $ 7,270 $ 7,655 Hequity 1,110 $ 3,440 1,570 $ 3,180 Total C.A. 690 940 Net fixed assets Total assets $ 7,270 $ 7,655 Note that OCF is $2,074 and Net Capital Spending is 1,000. What is the Cash Flow from Assets? Multiple Choice $1,244 million $914 million $-296 million O $-160 million O $1,234 million