Question: Develop the 2019 Cash Flow statement for MMC (a blank page has been attached for your use in this regard). Income Statements Revenue Cost of

Develop the 2019 Cash Flow statement for MMC (a blank page

Develop the 2019 Cash Flow statement for MMC (a blank page has been attached for your use in this regard).

Income Statements Revenue Cost of Goods Sold Gross Profit 2019 2018 1,200.0 1,000.0 600.0 450.0 600.0 550.0 Operating costs Depreciation and Amortization 420.0 30.0 400.0 25.0 Interest Expense 21.7 20.2 Taxes 51.3 41.9 Net Income 77.0 62.9 Balance Sheets Cash Accounts Receivable Inventory Current Assets 2019 12.0 180.0 180.0 372.0 2018 10.0 150.0 200.0 360.0 Accounts Payable/Accruals ST Debt Current Liabilities 2019 180.0 67.0 247.0 2018 150.0 51.5 201.5 LT Debt Shareholders Equity 150.0 275.0 150.0 258.5 Plant, Property & Equip Accum. D&A Net P, P&E 600.0 300.0 300.0 520.0 270.0 250.0 Total Assets 672.0 Total Liabilities and Shareholders' Equity 610.0 672.0 610.0

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