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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
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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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 $21,878 9,800 10,650 7,500 7,000 2,696
Transcribed Image Text:Galaxy Interiors 2010 and 2011 Balance Sheets ($ 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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