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Business · Accounting
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prepare the statement of cash flow

shonttennivesthents CHin: Remember that a et se cal be Rhodes Corporation: Income Statements for Year Ending December 31 (Millionsf 2010 2009 Sales Operating costs excluding depreciation Depreciation Earnings before interest and taxes $11,000 9,360 380 S 1,260 120 S 1,140 $10,000 8,500 360 S 1,140 Less interest Earnings before taxes S 1,040 Taxes (40%) Net income available to common stockholders Common dividends S 624 S 684 S 220 S 200 Rhodes Corporation: Balance Sheets as of December 31 (Millions of Dollars) 2010 2009 Asets Cash Short-term investments Accounts receivable Inventories Total current assets Net plant and equipment Total assets S 550 110 2,750 I,650 $5,060 S 500 100 2,500 1,500 $4,600 3,500 $8,100 Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity $1,100 550 384 $2,034 $1,000 500 200 $1,700 1,000 $2,700 4,400 $3,134 4,312 1,464 $5,400 S8,100 $8,910
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