Question: 3 Creating a Cash Flow Statement Based on the information below, create a Cash Flow Statement for Global Corporation for 2017. GLOBAL CORPORATION BALANCE SHEET/INCOME

3 Creating a Cash Flow Statement Based on the information below, create a Cash Flow Statement for Global Corporation for 2017. GLOBAL CORPORATION BALANCE SHEET/INCOME STATEMENT DATA FOR THE YEARS ENDED DECEMBER 31, 2017 AND 2016 ($ in Millions) 2017 2016 $ ASSETS: Cash Accounts Receivable Inventory Fixed Assets - Gross $ 23.2 18.5 15.3 150.0 20.5 13.2 14.3 116.6 S LIABILITIES: Accounts Payable Notes Payable Long-Term Debt $ 29.2 5.5 113.2 26.5 3.2 78.0 INCOME STATEMENT DATA: Net Income Depreciation Expense $ 2.0 1.2 OTHER DATA: Dividends $ 1.0
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