Question
Alphabet Inc. (Google) had the following financial data for the year ending December 31, 2023: Total Assets: $1.5 trillion Total Liabilities: $500 billion Shareholders' Equity:
Alphabet Inc. (Google) had the following financial data for the year ending December 31, 2023:
- Total Assets: $1.5 trillion
- Total Liabilities: $500 billion
- Shareholders' Equity: $1 trillion
a) Calculate the debt-to-equity ratio. b) Determine the return on assets (ROA), assuming the net income for the year is $150 billion. c) Compute the return on equity (ROE), assuming the net income for the year is $150 billion.
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Managerial Accounting for Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
4th edition
1259578542, 978-1259578540
