Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

8. As you can see, t his is an incomplete balance for RIG that contains only the asset par t and the liability part. Find

image text in transcribed
image text in transcribed
image text in transcribed
8. As you can see, this is an incomplete balance for RIG that contains only the asset part and the liability part.Find out the total amount of equity for year 2013 and 2014.
9. Calculate current ratio, quick ratio and cash ratio for RIG 2013.
TRANSOCEAN LTD. AND SUBSIDIARIES CONSOLIDATED BALANCESHEETS (In millions, except share data) December 31, 2014 2013 $ 2,635 $ 3,243 Assets Cash and cash equivalents Accounts receivable, net Trade Other Materials and supplies, net 2,084 36 818 2,112 50 737 Property and equipment Less accumulated depreciation Property and equipment, net Goodwill Other assets 28,516 (6,978) 21,538 29,518 (7,811) 21,707 2,987 1,080 874 Liabilities and equity Accounts payable Accrued income taxes Debt due within one year Other current liabilities Total current liabilities 784 $ 131 1,033 1,822 3,770 1,106 53 323 2,072 3,554 Long-term debt Deferred income taxes, net Other long-term liabilities Total long-term liabilities 9,059 237 1,354 10,650 10,379 374 1,554 12,307

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Guide To Financial Audit In Life And Health Insurance

Authors: Naser-Eddine Nebbache

1st Edition

6205873397, 978-6205873397

More Books

Students also viewed these Accounting questions

Question

In Exercises 2022, simplify each expression. log b b

Answered: 1 week ago

Question

1. Describe the types of power that effective leaders employ

Answered: 1 week ago