South Sea Baubles has the following (incomplete) balance sheet and income statement. Assets Current assets Net fixed ass

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South Sea Baubles Has The Following Incomplete Balance Sheet And Income Statement Assets Current Assets Net Fixed Ass 1 (46.43 KiB) Viewed 10 times

South Sea Baubles has the following (incomplete) balance sheet and income statement. Assets Current assets Net fixed assets INCOME STATEMENT, 2019 (Figures in $ millions) Revenue Cost of goods sold Depreciation Interest expense Req A and B Req C and D BALANCE SHEET AT END OF YEAR (Figures in $ millions) 2018 $ 97 $175 Current liabilities 970 Long-term debt 870 2019 Liabilities and Shareholders' Equity Gross investment $ 1,985 1,065 385 247 a&b. What is shareholders' equity in 2018 and 2019? c&d. What is net working capital in 2018 and 2019? e. What are taxes paid in 2019? Assume the firm pays taxes equal to 21% of taxable income. f. What is cash provided by operations during 2019? g. Net fixed assets increased from $870 million to $970 million during 2019. What must have been South Sea's gross investment in fixed assets during 2019? Complete this question by entering your answers in the tabs below. 485,000,000 Req E Answer is complete but not entirely correct. $ Req F million Req G Net fixed assets increased from $870 million to $970 million during 2019. What must have been South Sea's gross in fixed assets during 2019? (Enter your answer in millions.) $ 2018 2019 64 $ 81 820 635