Question
Balance Sheet Analysis for 3M Company Items Amount (in millions) Total Assets $500,000 Total Liabilities [Calculation 99] Total Equity $350,000 Cash and Cash Equivalents $150,000
Balance Sheet Analysis for 3M Company
Items Amount (in millions)
Total Assets $500,000
Total Liabilities [Calculation 99]
Total Equity $350,000
Cash and Cash
Equivalents
$150,000
Accounts Receivable $80,000
Inventory $100,000
Long-term Debt $120,000
Calculate the following:
a) Total Liabilities
b) Debt Ratio
c) Working Capital
d) Return on Equity (ROE)
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College Accounting A Career Approach
Authors: Cathy J. Scott
13th edition
1337280569, 978-1337607773, 1337607770, 978-1337516525, 133751652X, 978-1337668026, 978-1337280563
