Question: Use the following information to answer this question. & Windswept, Inc. Current Income Statement ($ in millions) Net sales $ 10,700 Less: Cost of goods

 Use the following information to answer this question. & Windswept, Inc.
Current Income Statement ($ in millions) Net sales $ 10,700 Less: Cost

Use the following information to answer this question. & Windswept, Inc. Current Income Statement ($ in millions) Net sales $ 10,700 Less: Cost of goods sold 8,050 Less: Depreciation 380 Earnings before interest and taxes $ 2,270 Less: Interest paid 104 Taxable income $2,166 Less: Taxes 650 Net Income $ 1,516 Dividends $ 1266 Last Year This Year Cash $ 1,970 $ 1,885 Accounts rec Inventory Windswept, Inc. Balance Sheets ($ in millions) Last Year This Year Accounts $ 390 $ 415 payable 1,1501 1.050 Long-term debt 1.920 1790 Common stock Retained $ 3.460 $ 3.255 earnings 3.670 4,260 Total llab. & $ 7130 $7.515) equity 1.090 $ 3,400 1,550 $ 3.160 Total C.A 670 920 Net fixed assets Total assets $ 7.130 $ 7,515 Note that OCF is $2.000 and Net Capital Spending is 970. What is the Cash Flow from Assets? TY Note that OCF IS $2,000 and Net Capital Spending is 970. What is the Cash Flow from Assets? Multiple Choice $-340 million $910 million $1,160 million O $1,150 million $-120 min

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