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 roundedto 2 decimal places.)Cash provided byoperationsmillion South Sea Baubles has the following (incomplete) balance sheet and income statement.AssetsCurrent assetsNet fixed assets.BALANCE SHEET AT END OF YEAR(Figures in $ millions)2016 Liabilities and Shareholders' Equity2015$ 102 $ 200 Current liabilities920 1,020 Long-term debtINCOME STATEMENT, 2016(Figures in $ millions)Revenue$ 2,0101,090Cost of goods soldDepreciation410Interest expense25220152016$ 74 $ 96660870

Cash flows from operating activities is one of the important section of cash flows statement. It…

Answered: f. What is cash provided by operations…

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.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

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

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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