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A. Compute the Debt-to-Equity ratio. B. Compute the Debt ratio. 2020 2019 479,892 $ 151,828 223,105 12,619 25,411 261,135 652,433 34,188 1,427,648 467,919 424,075 408,305
A. Compute the Debt-to-Equity ratio.
B. Compute the Debt ratio.
2020 2019 479,892 $ 151,828 223,105 12,619 25,411 261,135 652,433 34,188 1,427,648 467,919 424,075 408,305 78,752 19,745 6,466 20,318 2,853,228 $ 220,534 21,873 26,361 268,768 651,663 50,632 1,122,891 437,317 362,253 352,374 24,147 6,251 25,314 2,330,547 $ October 31 ASSETS Cash and cash equivalents Receivables, net: Customers, net of allowances (2020 - 54,586, 2019 - $3,270) Receivables from finance affiliate Other Total receivables, net Inventories, net Prepaid expenses and other current assets Total current assets Property, plant and equipment, net Goodwill Other intangible assets, net Right-of-use assets Investment in finance affiliate Deferred income taxes Other assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current portion of long-term debt Accounts payable Short-term lease liabilities Accrued liabilities: Warranty Advertising and marketing programs Compensation and benefit costs Insurance Interest Other Total accrued liabilities Total current liabilities Long-term debt, less current portion Long-term lease liabilities Deferred income taxes Other long-term liabilities Stockholders' equity: Preferred stock, par value $1.00 per share, authorized 1,000,000 voting and 850,000 non-voting shares, none issued and outstanding Common stock, par value $1.00 per share, authorized 175,000,000 shares; issued and outstanding 107,582,670 shares as of October 31, 2020 and 106,742,082 shares as of October 31, 2019 Retained earnings Accumulated other comprehensive loss Total stockholders' equity Total liabilities and stockholders' equity 99,873 $ 363,953 15,447 79,914 319,230 107,121 98,883 58,789 13,452 10,065 88,214 376,524 855,797 691,250 66,641 70,435 54,277 96,604 103,417 76,862 11,164 9,903 59,876 357,826 756,970 620,899 50,579 42,521 107,583 1,041,507 (34,262) 1,114,828 2,853,228 $ 106,742 784,885 (32,049) 859,578 2,330,547Step by Step Solution
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