Question 5 0/1 pts Below is a (partial) copy of Eureka Computing's most recent income statement and balance sheet (all numbers in millions): Income Statement Current Year Sales 2,341 COGS 1,086 SG&A 287 Depreciation 261 Interest 131 Expense Tax Rate 25% Balance Sheet Current Prior Year Year Assets Cash 631 550 A/R 1,228 1,124 Inventory 870 860 Net 1,022 800 PP&E Liabilities A/P 644 614 Bonds 1,170 1,010 Payable What was Eureka Computing's free cash flows (in millions)? (Enter your answer in millions. i.e. 5.5 million, not 5,500,000) nswered 303.25
Question 5 0/1 pts Below is a (partial) copy of Eureka Computing's most recent income statement and balance sheet (all numbers in millions): Income Statement Current Year Sales 2,341 COGS 1,086 SG&A 287 Depreciation 261 Interest 131 Expense Tax Rate 25% Balance Sheet Current Prior Year Year Assets Cash 631 550 A/R 1,228 1,124 Inventory 870 860 Net 1,022 800 PP&E Liabilities A/P 644 614 Bonds 1,170 1,010 Payable What was Eureka Computing's free cash flows (in millions)? (Enter your answer in millions. i.e. 5.5 million, not 5,500,000) nswered 303.25
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 3.3C
Related questions
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![Question 5
0/1 pts
Below is a (partial) copy of Eureka Computing's most recent income statement
and balance sheet (all numbers in millions):
Income Statement
Current
Year
Sales
2,341
COGS
1,086
SG&A
287
Depreciation 261
Interest
131
Expense
Tax Rate
25%
Balance Sheet
Current Prior
Year Year
Assets
Cash
631
550
A/R
1,228 1,124
Inventory 870
860
Net
1,022 800
PP&E
Liabilities
A/P
644
614
Bonds
1,170 1,010
Payable
What was Eureka Computing's free cash flows (in millions)?
(Enter your answer in millions. i.e. 5.5 million, not 5,500,000)
nswered
303.25](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc8a1ecdd-196c-4caa-8e00-3bf3c75b7669%2F1accf8c5-317f-4f76-9589-e987b8925e06%2F5ykbrw9_processed.png&w=3840&q=75)
Transcribed Image Text:Question 5
0/1 pts
Below is a (partial) copy of Eureka Computing's most recent income statement
and balance sheet (all numbers in millions):
Income Statement
Current
Year
Sales
2,341
COGS
1,086
SG&A
287
Depreciation 261
Interest
131
Expense
Tax Rate
25%
Balance Sheet
Current Prior
Year Year
Assets
Cash
631
550
A/R
1,228 1,124
Inventory 870
860
Net
1,022 800
PP&E
Liabilities
A/P
644
614
Bonds
1,170 1,010
Payable
What was Eureka Computing's free cash flows (in millions)?
(Enter your answer in millions. i.e. 5.5 million, not 5,500,000)
nswered
303.25
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