Question
Balance Sheet Analysis for Berkshire Hathaway Inc. Items Amount (in millions) Total Assets $650,000 Total Liabilities [Calculation 60] Total Equity $400,000 Cash and Cash Equivalents
Balance Sheet Analysis for Berkshire Hathaway Inc.
Items Amount (in millions)
Total Assets $650,000
Total Liabilities [Calculation 60]
Total Equity $400,000
Cash and Cash
Equivalents
$200,000
Accounts Receivable $100,000
Inventory $50,000
Long-term Debt $150,000
Calculate the following:
a) Total Liabilities
b) Debt Ratio
c) Quick Ratio
d) Return on Equity (ROE)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Managerial Accounting
Authors: Charles E. Davis, Elizabeth Davis
2nd edition
1118548639, 9781118800713, 1118338448, 9781118548639, 1118800710, 978-1118338445
