Question
Balance Sheet Analysis for IBM (International Business Machines Corporation) Items Amount (in millions) Total Assets $220,000 Total Liabilities [Calculation 38] Total Equity $150,000 Cash and
Balance Sheet Analysis for IBM (International Business Machines Corporation)
Items Amount (in millions)
Total Assets $220,000
Total Liabilities [Calculation 38]
Total Equity $150,000
Cash and Cash
Equivalents
$40,000
Accounts Receivable $30,000
Inventory $20,000
Long-term Debt $50,000
Calculate the following:
a) Total Liabilities
b) Debt Ratio
c) Current 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
