Section 2 Question 13 Opplite Inc. 2019 Statement of Comprehensive Income ($ in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Earnings before taxes Less: Taxes Net Income $6,080 3,890 860 1,330 270 1,060 360 700 Opplite Inc. 2018 and 2019 Statement of financial position ($ in millions) Cash Accounts Receivables Inventory Total 2018 415 860 1,270 2,545 2019 560 840 1,390 2,790 Accounts Payable Current portion of LTD Total Long term debt (LTD) Common stock Retain earnings Total Liability and Equity 2018 540 0 540 2,165 2,000 1,020 5,725 Net fixed assets Total Assets 2019 610 50 660 3,480 2,250 1,060 7,450 3,180 5,725 4,660 7.450 Cash Accounts Receivables Inventory Total 2018 415 860 1,270 2,545 2019 560 840 1,390 2,790 Accounts Payable Current portion of LTD Total Long term debt (LTD) Common stock Retain earnings Total Liability and Equity 2018 540 0 540 2,165 2,000 1,020 5,725 2019 610 50 660 3,480 2,250 1,060 7,450 Net fixed assets Total Assets 3,180 5,725 4,660 7,450 Given the above financial statements: 1. Calculate cash flow from assets using operating cash flow, net capital spending and additions to net working capital (NWC), and also calculate cash flow to shareholder and creditors for 2019 2. As an analyst helping investors looking to invest in Opplite Inc., what would be your analysis based on the calculation you have done above, and what would be your recommendation