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Business, 30.09.2019 19:30 sierramarco247

Powell panther corporation: income statements for year ending december 31 (millions of dollars) 2019 2018 sales $ 3,240.0 $ 2,700.0 operating costs excluding depreciation and amortization 2,592.0 2,295.0 ebitda $ 648.0 $ 405.0 depreciation and amortization 90.0 78.0 earnings before interest and taxes (ebit) $ 558.0 $ 327.0 interest 71.3 59.4 earnings before taxes (ebt) $ 486.7 $ 267.6 taxes (25%) 194.7 107.0 net income $ 292.0 $ 160.6 common dividends $ 262.8 $ 128.5 powell panther corporation: balance sheets as of december 31 (millions of dollars) 2019 2018 assets cash and equivalents $ 47.0 $ 41.0 accounts receivable 356.0 324.0 inventories 714.0 621.0 total current assets $ 1,117.0 $ 986.0 net plant and equipment 900.0 783.0 total assets $ 2,017.0 $ 1,769.0 liabilities and equity accounts payable $ 217.0 $ 189.0 accruals 89.0 81.0 notes payable 64.8 54.0 total current liabilities $ 370.8 $ 324.0 long-term bonds 648.0 540.0 total liabilities $ 1,018.8 $ 864.0 common stock 920.8 856.8 retained earnings 77.4 48.2 common equity $ 998.2 $ 905.0 total liabilities and equity $ 2,017.0 $ 1,769.0 write out your answers completely. for example, 25 million should be entered as 25,000,000. round your answers to the nearest dollar, if necessary. negative values, if any, should be indicated by a minus sign.

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