DE18-6 Return to Exhibit 18-4, the vertical analysis of Lucent Technologies' balance sheets at December 31, 1999
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DE18-6 Return to Exhibit 18-4, the vertical analysis of Lucent Technologies' balance sheets at December 31, 1999 and 1998. Consider that Lucent's revenues and profits reached all-time highs during 1999. Focus on receivables and inventories. 1. Did receivables and inventories make up more or less of total assets in 1999 than in 1998? Give the percentages for each year. 2. Do the increases in receivables and inventories worry you? Explain your reasoning.
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Accounting
ISBN: 9780130906991
5th Edition
Authors: Charles T. Horngren, Walter T. Harrison, Linda S. Bamber, Betsy Willis, Becky Jones
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