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You have been provided with the 2020 and 2021 financial statement information ( in millions) for Metacorp Inc. 2020 2021 SALES 12,572 13,436 DEPRECIATION EXPENSE

You have been provided with the 2020 and 2021 financial statement information ( in millions) for Metacorp Inc.

2020 2021
SALES 12,572 13,436
DEPRECIATION EXPENSE 1,661 1,736
COST OF GOODS SOLD 4,979 5,207
OTHER EXPENSES 946 824
INTEREST EXPENSE 776 926
CASH 6,067 6,466
ACCOUNTS RECEIVABLE 8,034 9,427
SHORT TERM NOTES PAYABLE 1,171 1,147
LONG TERM DEBT 20,320 24,696
NEXT FIXED ASSETS 50,888 54,273
ACCOUNTS PAYABLE 4,384 4,644
INVENTORY 14,283 15,288
DIVIDENDS 1,411 1,618
TAX RATE 34% 34%
COMMON STOCK 10,000 ?
RETAINED EARNINGS 43,397 ?

1. PREPARE STATEMENT OF COMPREHENSIVE INCOME FOR 2020 AND 2021. MAKE SURE TO INCLUDE THE DIVIDENDS PAID AND THE ADDITION TO RETAINED EARNINGS ON YOUR COMPREHENSIVE INCOME

2. PREPARE A STATEMENT OF FINANCIAL POSITION FOR 2020 AND 2021

3. CALCULATE THE CASH FLOW FROM ASSETS FOR 2021 . MAKE SURE TO INCLUDE THE OCF, NET CAPITAL SPENDING AND CHANGE IN NWC.

4. CALCULATE THE CASH FLOW TO CREDITORS FOR 2021

5. CALCULATE THE CASH FLOW TO SHAREHOLDERS FOR 2021 AND SHOW HOW THE CASH FLOW IDENTITY HOLDS.

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