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Answers are not 41.7, 15.1, 24.7, and 11.7 Compute and Interpret Coverage, Liquidity and Solvency Ratios Selected balance sheet and income statement information from Amazon
Answers are not 41.7, 15.1, 24.7, and 11.7
Compute and Interpret Coverage, Liquidity and Solvency Ratios
Selected balance sheet and income statement information from Amazon for 2016 through 2018 follows.
$ millions | 2018 | 2017 | 2016 |
---|---|---|---|
Net operating profit after tax (NOPAT) | $12,186 | $3,576 | $2,837 |
Net income | 11,181 | 3,367 | 2,632 |
Operating profit | 13,787 | 4,558 | 4,646 |
Interest expense | 1,474 | 882 | 503 |
Cash from operating activities | 34,103 | 20,385 | 19,095 |
Current assets | 83,362 | 66,819 | 50,817 |
Current liabilities | 71,127 | 60,198 | 45,569 |
Cash and cash equivalents | 35,243 | 22,779 | 21,461 |
Marketable securities | 10,545 | 11,615 | 7,378 |
Total debt | 24,435 | 25,733 | 8,002 |
Assets | 180,539 | 145,754 | 92,576 |
Liabilities | 123,863 | 107,745 | 66,682 |
Equity | 45,291 | 28,817 | 20,056 |
Net operating assets (NOA) | 26,826 | 22,325 | 1,038 |
a. Compute profitability measures RNOA and ROE for 2018 and 2017. In which year are the measures stronger? Round answers to one decimal place (ex: 0.2345 = 23.5%).
2018 | 2017 | |
---|---|---|
RNOA | Answer
| Answer
|
ROE | Answer
| Answer
|
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