Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

B C BALANCE SHEET ($ in millions) E INCOME STATEMENT (S in millions) SSETS LIABILITIES Revenue 28.681.10 Cash & Marketable Securities 449.90 Accounts Payable

image text in transcribed

image text in transcribed

B C BALANCE SHEET ($ in millions) E INCOME STATEMENT (S in millions) SSETS LIABILITIES Revenue 28.681.10 Cash & Marketable Securities 449.90 Accounts Payable 1.611.20 Cost Of Goods Sold 20.768.80 Accounts Receivable 954.80 Salaries Payable 225.20 Gross Profit 7,912.30 Inventories 3.645.20 Other Current Liabilities 1.118.80 Other Current Assets 116.60 Total Current Liabilities 2.955.20 Total Current Assets 5.166.50 Operating Expenses: Selling, General & Admin. 5.980.80 Other Liabilities 693.40 Machinery & Equipment 1.688.90 Depreciation Operating income 307.30 1.624.20 Land 1.129.70 Total Liabilities 3.648.60 Buildings 2.648.40 Interest Depreciation (575.60) SHAREHOLDER'S EQUITY Property. Plant & Equip. - Net 4.591.40 Common Stock 828.50 Other Long Term Assets 120.90 Retained Earnings 5.401.70 Total Long-Term Assets 4.712.30 Total Shareholders Equity 6.250.20 Other Expense (Income) Income Before Taxes Income Taxes Net Income (13.10) 1,637.30 618.10 1.019.20 Total Assets 9.878.80 Total Liabilities & Equity 9.878.80 Number of Common Stock Shares Outstanding 1.032.271

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

Step: 3

blur-text-image

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

Financial Markets and Institutions

Authors: Frederic S. Mishkin, Stanley G. Eakins

8th edition

013342362X, 978-0133423624

More Books

Students also viewed these Finance questions

Question

13.1c What is the Treynor ratio of portfolio performance?

Answered: 1 week ago

Question

The constraints that may limit performance improvements.

Answered: 1 week ago