Question
Balance Sheet Analysis for Adobe Inc. Items Amount (in millions) Total Assets $180,000 Total Liabilities [Calculation 50] Total Equity $120,000 Cash and Cash Equivalents $30,000
Balance Sheet Analysis for Adobe Inc.
Items Amount (in millions)
Total Assets $180,000
Total Liabilities [Calculation 50]
Total Equity $120,000
Cash and Cash
Equivalents
$30,000
Accounts Payable $20,000
Inventory $40,000
Long-term Debt $50,000
Calculate the following:
a) Total Liabilities
b) Debt-to-Equity Ratio
c) Quick Ratio
d) Return on Assets (ROA)
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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
