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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

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

Quickbooks Online Accounting
Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 3.3C
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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
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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