Selected information for Blake's Restaurant Supply follows.

a. During 2011, how much cash did Blake's collect from sales?
b. During 2011, what was the cost of goods produced by the company?
c. Assuming the company neither sold nor salvaged any assets during the year, what were the company's capital expenditures during 2011?
d. Assuming that there were no financing cash flows during 2011 and basing your answer solely on the information provided, what was Blake's cash flow from operations in 2011?

Transcribed Image Text:

(S in millions) 2010 $694 450 51 130 39 57 39 404 S 86 2011 Net sales Cost of goods sold Depreciation Net income Finished goods inventory Accounts receivable Accounts payable Net fixed assets Year-end cash balance $782 502 61 142 29 87 482 $135