Balance Sheet at End of Year- figures in millions Assets 2015 2016 Liability & Shareholder Equity 2015 2016 Current Assets $90 $140 $50 $60 Net fixes Asst. $800 $900 $600 $750...

Balance Sheet at End of Year- figures in millions

Assets               2015      2016      Liability & Shareholder Equity   2015     2016

Current Assets   $90       $140                                                         $50      $60

Net fixes Asst.   $800      $900                                                         $600    $750

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Income Statement 2016

Revenue                $1,950

Cost Goods            $1,030

Depreciation         $350

Interest expense    $240

What are the taxes paid in 2016? Assume the firm pay taxes equal to 35% of taxable income.

What is cash provided by operations during 2016?

Net fixed assets increased form 800 to 900 during 2016, what was the gross investment in fixed assets in 2016?