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Calculate the Current Ratio, Debt-to-Equity Ratio, and Return on Assets (ROA) for Alphabet Inc. (Google) based on the provided financial data for the year ended

  1. Calculate the Current Ratio, Debt-to-Equity Ratio, and Return on Assets (ROA) for Alphabet Inc. (Google) based on the provided financial data for the year ended December 31, 2023.
  2. Interpret the ratios.
  3. Assess the company's financial performance.

Item

Amount ($)

Current Assets

4,000,000

Current Liabilities

1,500,000

Total Liabilities

3,000,000

Total Assets

6,000,000

Net Income

2,000,000

Shareholders' Equity

3,000,000

Question:

Using the given data, calculate the Current Ratio, Debt-to-Equity Ratio, and Return on Assets (ROA) for Alphabet Inc. (Google) for the year ended December 31, 2023. Interpret the ratios and assess the company's financial performance.

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