Question
Caesars Income Statements (in millions USD) Source: Based on 2017 4Q Report and other company data. Income Statement 12/31/16 12/31/17 Percent Change Revenues $3,877 $4,852
Caesars Income Statements (in millions USD)
Source: Based on 2017 4Q Report and other company data. Income Statement 12/31/16 12/31/17 Percent Change Revenues $3,877 $4,852 25.15% Cost of Goods Sold 1,760 2,243 27.44% Gross Profit 2,117 2,609 23.24% Operating Expenses 1,890 2,077 9.89% EBIT 227 532 134.36% Interest Expense 599 774 29.22% EBT (372) (242) 34.95% Tax 6,457 382 94.08% Non-Recurring Events 3,781 249 93.41% Net Income (3,048) (375) 87.70%
Caesars Balance Sheets (in millions USD) Balance Sheet 12/31/16 12/31/17 Percent Change Assets Cash and Short Term Investments $4,626 $2,674 45% Accounts Receivable 224 507 126% Inventory 20 39 95% Other Current Assets 118 239 103% Total Current Assets 4,988 3,459 31% Property Plant & Equipment 7,446 16,228 118% Goodwill 1,608 3,815 137% Intangibles 433 1,609 272% Other Long-Term Assets 419 401 4% Total Assets 14,894 25,512 71% Liabilities Accounts Payable 7,659 1,815 76% Other Current Liabilities 89 73 18% Total Current Liabilities 7,748 1,888 76% Long-Term Debt 6,749 8,849 31% Other Long-Term Liabilities 3,574 11,550 223% Total Liabilities 18,071 22,287 23% Equity Common Stock 1 7 600% Retained Earnings (10,753) (10,684) 1% Treasury Stock (29) (152) 424% Paid in Capital & Other 7,604 14,054 85% Total Equity (3,177) 3,225 NA NA Total Liabilities and Equity 14,894 25,512 71%
Complete a Financial Ratio Analysis for CAESARS ENTERTAINMENT CORPORATION
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