Reference no: EM132338453
Question
1 The Goodyear Tire & Rubber Company's December 31, 2016, financial statements reported the following (in millions).
Cash December 31, 2016 $ 1,132
Cash from operating activities 1,504
Cash from investing activities (973)
Cash from financing activities (875 )
What did Goodyear report for cash on its December 31, 2015 balance sheet?
A. $1,476 million
B. $2,281 million
C. $3,711 million
D. $ 715 million
E. None of the above
2 The Goodyear Tire & Rubber Company's December 31, 2016 financial statements reported the following (in millions)
Sales $15,158
Cost of sales $10,972
Other expenses (excluding cost of sales) $ 2,902
What did Goodyear report for net income for the year ending December 31, 2016?
A. $29,032 million
B. $13,874 million
C. $ 4,186 million
D. $ 1,284 million
E.$8,070 million