f. What is cash provided by operations during 2016? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places) Cash provided by operations million

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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f. What is cash provided by operations during 2016 ? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.)
f. What is cash provided by operations during 2016? (Do not round intermediate calculations. Enter your answer in millions rounded
to 2 decimal places.)
Cash provided by
operations
million
Transcribed Image Text:f. What is cash provided by operations during 2016? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Cash provided by operations million
South Sea Baubles has the following (incomplete) balance sheet and income statement.
Assets
Current assets
Net fixed assets.
BALANCE SHEET AT END OF YEAR
(Figures in $ millions)
2016 Liabilities and Shareholders' Equity
2015
$ 102 $ 200 Current liabilities
920 1,020 Long-term debt
INCOME STATEMENT, 2016
(Figures in $ millions)
Revenue
$ 2,010
1,090
Cost of goods sold
Depreciation
410
Interest expense
252
2015
2016
$ 74 $ 96
660
870
Transcribed Image Text:South Sea Baubles has the following (incomplete) balance sheet and income statement. Assets Current assets Net fixed assets. BALANCE SHEET AT END OF YEAR (Figures in $ millions) 2016 Liabilities and Shareholders' Equity 2015 $ 102 $ 200 Current liabilities 920 1,020 Long-term debt INCOME STATEMENT, 2016 (Figures in $ millions) Revenue $ 2,010 1,090 Cost of goods sold Depreciation 410 Interest expense 252 2015 2016 $ 74 $ 96 660 870
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