Question: Urgent - please hurry! Answer the following using the statement above. a . 'Cash flow from operating activities' of ABS Corp for 2019 is $_____________

Urgent - please hurry!

Urgent - please hurry! Answer the following using the statement above. a.

Answer the following using the statement above.

a. 'Cash flow from operating activities' of ABS Corp for 2019 is $_____________ million.

I recommend you use 'indirect method'. If necessary round to the nearest million dollar.

b. Cash flow from investing activities' of ABS Corp for 2019 is $ ____________ million

c. In 2019, the amount of cash ABS paid to suppliers is $______________ million

d. In 2019 ABS Corp received $_____________ million cash from customers.

e. The note shows that one equipment was sold in 2019. ABS Corp received $____________ million from sales of the equipment.

f. The cash conversion cycle of ABS Corp for 2019 is ___________ days (Round CCC to the nearest integer. 123.4 is rounded to the nearest integer 123, or 456.7 is rounded to 457.)

ABS Corp. Financial Statements 2019 2018 Change Balance Sheet (Smillion) Assets Cash Account receivable Inventories Prepaid expense Property, plant and equipment(gross) Less: Accumulated depreciation Goodwill Total Asset $4,406 $6,150 $3,260 $1,553 $168,039 ($81,980) $4,395 $105,823 $2,011 $5,330 $3,167 $1,736 $160,139 ($75,941) $4,395 $100,837 $2,395 $820 $93 ($183) $7,900 ($6,039) $0 $4,986 Liabilities and Shareholders' equity Account payable Accrued liabilities Income Tax payable Long-term debt Common stock Additional paid in capital Retained earning Total Liability and Equity $2,420 $2,441 $514 $17,621 $915 $7,775 $74,137 $105,823 $2,463 $2,416 $559 $16,771 $1,065 $8,525 $69,038 $100,837 ($43) $25 (545) $850 ($150) ($750) $5,099 $4,986 Income Statement ($million) Sales revenue Cost of goods sold Operating expenses Depreciation Interest expenses Gain on sales of equipment Income tax expense Net Income 2019 $74,430 $35,661 $12,134 $11,720 $528 $89 $3,619 $10,857 2018 $67,305 $34,876 $11,517 $10,519 $501 $0 $2,473 $7,419 $7,125 $785 $617 $1,201 $27 $89 $1,146 $3,438 Notes -In 2019 $15,000 million worth of new plant and equipment are added. -In 2019 one equipmemt is sold. -No items impacted retained earnings other than net income and dividends. -Tax rate is 25%

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