1. What proportion of your companys total assets is held as PPE (Property, plant and equipment) at the above balance sheet date?

2. Copy and paste the PPE note (or balance sheet) section that shows the original acquisition costs of individual PPE items and the accumulated depreciation amounts.

3a. Estimate the % used up of your companys depreciable assets at the current balance sheet date.

3b. What implication does your % used up estimation have for forecasting future cash flows?

4a. Compute PPE turnover ratios for the most recent 2 years using the ending balances of any balance sheet amounts used in your formula.

4b. Interpret the ratios.

D E F G B Jun. 30, Jun. 30, $ 13,576 122, 951 136, 527 32,011 1,895 11, 482 181, 915 44, 151 8,753 2,965 43, 351 7,038 13, 138 301,311 $ 11,356 122, 463 133, 819 29, 524 2,063 10, 146 175, 552 36, 477 7,379 2,649 42, 026 7, 750 14, 723 286,556 BALANCE SHEETS USD ($) $ in lillions 2 Current assets: 3 Cash and cash equivalents 4 Short-term investments 5 Total cash, cash equivalents, and short-term investments 6 Accounts receivable, net of allowance for doubtful accounts of $788 and 7 Inventories 8 Other current assets 9 Total current assets 10 Property and equipment, net of accumulated depreciation of $43, 197 and 11 Operating lease right-of-use assets 12 Equity investments 13 Goodwill 14 Intangible assets, net 15 Other long-term assets 16 Total assets 17 Current liabilities: 18 Accounts payable 19 Current portion of long-term debt 20 Accrued compensation 21 Short-term income taxes 22 Short-term unearned revenue 23 Other current liabilities 24 Total current liabilities 25 Long-term debt 26 Long-term income taxes 27 Long-term unearned revenue 28 Deferred income taxes 29 Operating lease liabilities 30 Other long-term liabilities 31 Total liabilities 32 Commitments and contingencies 33 Stockholders' equity: Common stock and paid-in capital shares authorized 24,000; 34 outstanding 7,571 and 7,643 35 Retained earnings 36 Accumulated other comprehensive income (loss) 37 Total stockholders' equity 38 Total liabilities and stockholders' equity 39 40 12,530 3, 749 7, 874 2, 130 36,000 10,027 72, 310 59,578 29, 432 3, 180 204 7,671 10, 632 183, 007 9, 382 5,516 6, 830 5,665 32,676 9, 351 69, 420 66, 662 29, 612 4,530 233 6, 188 7,581 184, 226 80, 552 78, 520 34,566 3, 186 118, 304 $ 301, 311 24, 150 -340 102, 330 $ 286, 556 COMPREHENSIVE INCOME STATEMENTS E... + D E F G B Jun. 30, Jun. 30, $ 13,576 122, 951 136, 527 32,011 1,895 11, 482 181, 915 44, 151 8,753 2,965 43, 351 7,038 13, 138 301,311 $ 11,356 122, 463 133, 819 29, 524 2,063 10, 146 175, 552 36, 477 7,379 2,649 42, 026 7, 750 14, 723 286,556 BALANCE SHEETS USD ($) $ in lillions 2 Current assets: 3 Cash and cash equivalents 4 Short-term investments 5 Total cash, cash equivalents, and short-term investments 6 Accounts receivable, net of allowance for doubtful accounts of $788 and 7 Inventories 8 Other current assets 9 Total current assets 10 Property and equipment, net of accumulated depreciation of $43, 197 and 11 Operating lease right-of-use assets 12 Equity investments 13 Goodwill 14 Intangible assets, net 15 Other long-term assets 16 Total assets 17 Current liabilities: 18 Accounts payable 19 Current portion of long-term debt 20 Accrued compensation 21 Short-term income taxes 22 Short-term unearned revenue 23 Other current liabilities 24 Total current liabilities 25 Long-term debt 26 Long-term income taxes 27 Long-term unearned revenue 28 Deferred income taxes 29 Operating lease liabilities 30 Other long-term liabilities 31 Total liabilities 32 Commitments and contingencies 33 Stockholders' equity: Common stock and paid-in capital shares authorized 24,000; 34 outstanding 7,571 and 7,643 35 Retained earnings 36 Accumulated other comprehensive income (loss) 37 Total stockholders' equity 38 Total liabilities and stockholders' equity 39 40 12,530 3, 749 7, 874 2, 130 36,000 10,027 72, 310 59,578 29, 432 3, 180 204 7,671 10, 632 183, 007 9, 382 5,516 6, 830 5,665 32,676 9, 351 69, 420 66, 662 29, 612 4,530 233 6, 188 7,581 184, 226 80, 552 78, 520 34,566 3, 186 118, 304 $ 301, 311 24, 150 -340 102, 330 $ 286, 556 COMPREHENSIVE INCOME STATEMENTS E... +