Question

What is cash provided by operations during 2019?

South Sea Baubles has the following (incomplete) balance sheet and income statement.

 

BALANCE SHEET AT END OF YEAR
(Figures in $ millions)
Assets20182019Liabilities and Shareholders' Equity20182019
Current assets$96
$170
Current liabilities$62
$78

Net fixed assets
860

960
Long-term debt
630

810


 

INCOME STATEMENT, 2019
(Figures in $ millions)
Revenue$1,980
Cost of goods sold
1,060
Depreciation
380
Interest expense
246

f. What is cash provided by operations during 2019?



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