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You have just obtained financial information for the past year for Sebring Corporation. SEBRING CORPORATION: INCOME STATEMENTS FOR YEAR ENDING DECEMBER 31, 2008 (MILLIONS OF
You have just obtained financial information for the past year for Sebring Corporation. SEBRING CORPORATION: INCOME STATEMENTS FOR YEAR ENDING DECEMBER 31, 2008 (MILLIONS OF DOLLARS) 2008 $3,600.0 3,060.0 $ 540.0 90.0 Sales Operating costs excluding depreciation EBITDA Depreciation Earnings before interest and taxes Less interest Earnings before taxes Taxes (40%) Net income available to common stockholders Common dividends $ 450.0 65.0 $ 385.0 154.0 $ 231.0 $ 181.5 SEBRING CORPORATION: BALANCE SHEETS FOR YEAR ENDING DECEMBER 31, 2008 (MILLIONS OF DOLLARS) 2008 $ 36.0 540.0 Assets: Cash and marketable securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets 540.0 $1,116.0 900.0 $2,016.0 Liabilities and equity: Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total debt Common stock (50 million shares) Retained earnings Common equity Total liabilities and equity $ 324.0 201.0 216.0 $ 741.0 450.0 $1,191.0 150.0 675.0 $ 825.0 $2,016.0 is Sebring's Onerating Cash Flow for 2008? You have just obtained financial information for the past year for Sebring Corporation. SEBRING CORPORATION: INCOME STATEMENTS FOR YEAR ENDING DECEMBER 31, 2008 (MILLIONS OF DOLLARS) 2008 $3,600.0 3,060.0 $ 540.0 90.0 Sales Operating costs excluding depreciation EBITDA Depreciation Earnings before interest and taxes Less interest Earnings before taxes Taxes (40%) Net income available to common stockholders Common dividends $ 450.0 65.0 $ 385.0 154.0 $ 231.0 $ 181.5 SEBRING CORPORATION: BALANCE SHEETS FOR YEAR ENDING DECEMBER 31, 2008 (MILLIONS OF DOLLARS) 2008 $ 36.0 540.0 Assets: Cash and marketable securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets 540.0 $1,116.0 900.0 $2,016.0 Liabilities and equity: Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total debt Common stock (50 million shares) Retained earnings Common equity Total liabilities and equity $ 324.0 201.0 216.0 $ 741.0 450.0 $1,191.0 150.0 675.0 $ 825.0 $2,016.0 is Sebring's Onerating Cash Flow for 2008
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