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Financial Statements and Cash Flow Essay Preview: Financial Statements and Cash Flow Report this essay Income Statement ($ millions)20182019Sales1,5091,250COGS750550Depreciation6550Non-Operating Expense3040EBIT664610Interest Expense4040EBT624570Tax212194Net Income412376Dividends10367Balance Sheet ($ millions)20182019Cash104160A/R455688Inventory553555 Current Assets1,1121,403Fixed Assets (net of depreciation)1,6441,709 Total Assets2,7563,112A/P400300Accuruals2889Notes Payable5042 Total Current Liabilities478431Long-Term Debt358412Total Liabilities836843Equity600640Retained Earnings1,3201,629 Total Liabilities and Equity2,7563,112Change in Net Fixed.
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Income StatementNet Income412376Dividends10367Balance SheetTotal Assets2,7563,112A