Question: Using the information provided in the incomplete financial statements, fill in the blanks need answers for balance sheet and statement of cash flows bCCDI bCCD

Using the information provided in the incomplete financial statements, fill in the blanks need answers for balance sheet and statement of cash flows

Using the information provided in the incomplete financial statements, fill in the

blanks need answers for balance sheet and statement of cash flows bCCDI

bCCDI bCCD bC AaBbCC I Normal 1 No Spac... Heading 1 Heading 2 Title ab X X Font Paragraph Styles MARION & CARTER, INC. Balance Sheet as of December 31, 2018 and 2017 (In millions of dollars) 2018 2017 2018 2017 Assets Current assets: Cash and marketable securities $ 165 $ 124 $ 95 Accounts receivable 340 690 Inventory Total 342 280 $ 1.290 $ 685 Liabilities and Equity Current liabilities: $ 155 Accrued wages and taxes 400 Accounts payable 620 Notes payable $ 1175 Total Long-term debt $ 1,860 Stockholders' equity. 250 Preferred stock (25 million shares) $ 1610 Common stock and paic-in surplus 200 m on shares) 310 Retained cainings $ 1210 $ $ Gross plant and equipment Less: Accumulated depreciation 330 Net plant and equipment $ 1950 250 Other long-term assets 1299 957 Total assets $ 3.095 Total lab lies and equity $ Statel ormal T No Spac... Heading 1 Heading 2 Title Dictate W Select Styles La Editing Voice 80 30 -35 $ MARION & CARTER, INC. Statement of Cash Flows for Year Ending December 31, 2018 (in millions of dollars) Section A. Cash flows from operating activities Net income Additions: Depreciation Increase in accrued wages and taxes Increase in accounts payable Subtractions: Increase in accounts receivable Increase in Inventory Net cash flow from operating activities: Section B. Cash flows from investing activities Subtractions: Increase in fixed assets Increase in other long-term assets Net cash flow from investing activities: Section C. Cash flows from financing activities Additions: Increase in notes payable Increase in long-term debt Increase in common and preferred stock Subtractions: Pay preferred stock dividends Pay common stock dividends Net cash flow from financing activities: Section D. Net change in cash and marketable securities -$ 420 $ $ 32 0 $ $ 10 MARION & CARTER, INC. LA4040 D Focus la 1) ENG

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