Galaxy Interiors 2010 and 2011 Balance Sheets ($ in millions) 2010 2011 2010 2011 Cash $ 668 $ 297 Accounts payable $1,694 $ 1,532 Accounts receivable 1,611 1,527 Notes payable 2,500 0 Inventory 3,848 2,947 Total $4,194 $1,532 Total $ 6,127 Net fixed assets $4,771 17,489 17,107 Total assets $23,616 $21,878 Long-term debt Common stock Retained earnings Total liab. & equity 2,122 $23,616 $21,878 9,800 10,650 7,500 7,000 2,696
Galaxy Interiors 2010 and 2011 Balance Sheets ($ in millions) 2010 2011 2010 2011 Cash $ 668 $ 297 Accounts payable $1,694 $ 1,532 Accounts receivable 1,611 1,527 Notes payable 2,500 0 Inventory 3,848 2,947 Total $4,194 $1,532 Total $ 6,127 Net fixed assets $4,771 17,489 17,107 Total assets $23,616 $21,878 Long-term debt Common stock Retained earnings Total liab. & equity 2,122 $23,616 $21,878 9,800 10,650 7,500 7,000 2,696
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
Related questions
Question
What is the cash flow from assets in 2011?
Question 10Answer
a.
$2,247
b.
$3,915
c.
$1,732
d.
$2,961
![Galaxy Interiors
2010 and 2011 Balance Sheets
($ in millions)
2010
2011
2010
2011
Cash
$ 668 $ 297
Accounts payable
$1,694 $ 1,532
Accounts receivable
1,611
1,527
Notes payable
2,500
0
Inventory
3,848
2,947
Total
$4,194 $1,532
Total
$ 6,127
Net fixed assets
$4,771
17,489 17,107
Total assets
$23,616 $21,878
Long-term debt
Common stock
Retained earnings
Total liab. & equity
2,122
$23,616 $21,878
9,800 10,650
7,500 7,000
2,696](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F034f0deb-10f1-4805-a7d8-9665e722900f%2Ff4976492-f7f2-479c-9d7a-4e9652709a7a%2F5vgms7i_processed.png&w=3840&q=75)
Transcribed Image Text:Galaxy Interiors
2010 and 2011 Balance Sheets
($ in millions)
2010
2011
2010
2011
Cash
$ 668 $ 297
Accounts payable
$1,694 $ 1,532
Accounts receivable
1,611
1,527
Notes payable
2,500
0
Inventory
3,848
2,947
Total
$4,194 $1,532
Total
$ 6,127
Net fixed assets
$4,771
17,489 17,107
Total assets
$23,616 $21,878
Long-term debt
Common stock
Retained earnings
Total liab. & equity
2,122
$23,616 $21,878
9,800 10,650
7,500 7,000
2,696
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