The following financial statement data are taken from Segura's
annual report:
(in millions)
Current assets
$8,870...
The following financial statement data are taken from Segura's
annual report:
(in millions)
Current assets
$8,870
Other assets
606
Intangibles
915
Property, plant, and equipment
2,510
Current liabilities
7,513
Long-term liabilities
750
Long-term debt
1,332
Stockholders' equity
3,306
Compute the debt / tangible net worth
ratio.
a.
4.01 to 1
b.
1.34 to 1
c.
3.90 to 1
d.
0.74 to 1
e.
0.40 to 1
Common-Sized Balance Sheets
The following end-of-the-year balance sheets (in millions) were
adapted from recent financial statements...
Common-Sized Balance Sheets
The following end-of-the-year balance sheets (in millions) were
adapted from recent financial statements of Apple
(AAPL).
Year 1
Year 2
Current assets:
Cash
$13,844
$21,120
Marketable
securities
11,233
20,481
Accounts
receivable
27,219
30,343
Inventory
2,111
2,349
Other
14,124
15,085
Total current
assets
$68,531
$89,378
Long-term assets:
Long-term marketable
securities
$130,162
$164,065
Property, plant, and
equipment
20,624
22,471
Other long-term
assets
12,522
14,565
Total long-term
assets
$163,308
$201,101
Total assets
$231,839
$290,479
Current liabilities:
Accounts payable and
similar...
Ratio Analysis Presented below are summary financial data from
Pompeo's annual report:( Amounts in millions )...
Ratio Analysis Presented below are summary financial data from
Pompeo's annual report:( Amounts in millions )
Balance Sheet:?
Cash and Cash Equivalents $2,200
Marketable Securities 16,200
Accounts Receivable (net) 10,000
Total Current Assets 42,000
Total Assets 155,000
Current Liabilities 30,000
Long-Term Debt 47,500
Shareholders' Equity 79,500
Income Statement:
Interest Expense 6,400
Net Income Before Taxes 36,800
Calculate the following ratios:
(Round to 2 decimal points)
a. Times-interest-earned ratio
b.quick ratio
c. current ratio
Presented below are summary financial data from Pompeo's annual
report:
Amounts in millions
Balance Sheet
Cash...
Presented below are summary financial data from Pompeo's annual
report:
Amounts in millions
Balance Sheet
Cash and Cash Equivalents
$2,893
Marketable Securities
28,936
Accounts Receivable (net)
14,987
Total Current Assets
64,958
Total Assets
196,925
Current Liabilities
66,358
Long-Term Debt
11,646
Shareholders' Equity
109,245
Income Statement
Interest Expense
896
Net Income Before Taxes
39,114
Calculate the following ratios:
(Round to 2 decimal points)
a. Times-interest-earned ratio
Answer
b. Quick ratio
Answer
c. Current ratio
Answer
Luther Corporation Consolidated Balance Sheet December 31, 2016
and 2015 (in $ millions) Assets 2016 2015...
Luther Corporation Consolidated Balance Sheet December 31, 2016
and 2015 (in $ millions) Assets 2016 2015 Liabilities and
Stockholders' Equity 2016 2015 Current Assets Current Liabilities
Cash 63.6 58.5 Accounts payable 87.6 73.5 Accounts receivable 55.5
39.6 Notes payable/ short-term debt 10.5 9.6 Inventories 45.9 42.9
Current maturities of long-term debt 39.9 36.9 Other current assets
6.0 3.0 Other current liabilities 6.0 12.0 Total current assets
171.0 144.0 Total current liabilities 144.0 132.0 Long-Term Assets
Long-Term Liabilities Land 66.6 62.1...
The following data were taken from the financial statements of
Gates Inc. for the current fiscal...
The following data were taken from the financial statements of
Gates Inc. for the current fiscal year.
Property, plant, and equipment (net)
$1,154,400
Liabilities:
Current liabilities
$177,000
Note payable, 6%, due in 15 years
888,000
Total liabilities
$1,065,000
Stockholders' equity:
Preferred $4 stock, $100 par (no change during year)
$1,597,500
Common stock, $10 par (no change during year)
1,597,500
Retained earnings:
Balance, beginning of year
$1,704,000
Net income
633,000
$2,337,000
Preferred dividends
$63,900
Common dividends
143,100
207,000
Balance, end of...
Luther Corporation
Consolidated Balance Sheet
December 31, 2006 and 2005 (in $ millions)
Assets
2006
2005...
Luther Corporation
Consolidated Balance Sheet
December 31, 2006 and 2005 (in $ millions)
Assets
2006
2005
Liabilities and
Stockholders' Equity
2006
2005
Current Assets
Current Liabilities
Cash
62.562.5
58.5
Accounts payable
84.384.3
73.5
Accounts receivable
56.956.9
39.6
Notes payable /
short-term debt
9.29.2
9.6
Inventories
45.845.8
42.9
Current maturities of
long-term debt
38.538.5
36.9
Other current assets
5.85.8
3.0
Other current liabilities
6.0
12.0
Total current assets
171171
144.0
Total current liabilities
138138
132.0
Long-Term Assets
Long-Term Liabilities
Land
6666...
Seven metrics
The following data were taken from the financial statements of
Woodwork Enterprises Inc. for...
Seven metrics
The following data were taken from the financial statements of
Woodwork Enterprises Inc. for the current fiscal year. Assuming
that there are no intangible assets.
Property, plant, and equipment (net)
$ 5,000,000
Liabilities:
Current liabilities
$ 400,000
Mortgage note payable, 5%, ten-year note issued two years
ago
3,600,000
Total liabilities
$4,000,000
Stockholders' equity:
Preferred $1 stock, $10 par (no change during year)
$1,000,000
Common stock, $5 par (no change during year)
2,000,000
Retained earnings:
Balance, beginning of year...
The following data were taken from the financial statements of
Gates Inc. for the current fiscal...
The following data were taken from the financial statements of
Gates Inc. for the current fiscal year.
Property, plant, and equipment (net)
$2,442,000
Liabilities:
Current liabilities
$222,000
Note payable, 6%, due in 15 years
1,110,000
Total liabilities
$1,332,000
Stockholders' equity:
Preferred $4 stock, $100 par (no change during year)
$1,332,000
Common stock, $10 par (no change during year)
1,332,000
Retained earnings:
Balance, beginning of year
$1,420,000
Net income
549,000
$1,969,000
Preferred dividends
$53,280
Common dividends
139,720
193,000
Balance, end of...
Suppose McDonald’s 2022 financial statements contain the
following selected data (in millions). Current assets $3,446.0
Interest...
Suppose McDonald’s 2022 financial statements contain the
following selected data (in millions). Current assets $3,446.0
Interest expense $479.0 Total assets 30,254.0 Income taxes 1,942.0
Current liabilities 3,013.0 Net income 4,557.0 Total liabilities
16,221.0 (a1) Compute the following values.
a. Working capital. (Round to 1 decimal place, e.g. 5,275.5)
$enter a dollar amount in millions millions
b. Current ratio. (Round to 2 decimal places, e.g. 6.25:1.)
enter current ratio rounded to 2 decimal places :1
c. Debt to assets ratio. (Round...