Question
Balance Sheet Analysis for Exxon Mobil Corporation Items Amount (in millions) Total Assets $400,000 Total Liabilities [Calculation 43] Total Equity $250,000 Cash and Cash Equivalents
Balance Sheet Analysis for Exxon Mobil Corporation
Items Amount (in millions)
Total Assets $400,000
Total Liabilities [Calculation 43]
Total Equity $250,000
Cash and Cash
Equivalents
$50,000
Accounts Payable $40,000
Inventory $60,000
Long-term Debt $100,000
Calculate the following:
a) Total Liabilities
b) Inventory Turnover Ratio
c) Debt Ratio
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
