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Calculate the following ratios for Google LLC based on the provided financial data for the year ended December 31, 2023: Current Ratio Quick Ratio Debt-to-Equity
- Calculate the following ratios for Google LLC based on the provided financial data for the year ended December 31, 2023:
- Current Ratio
- Quick Ratio
- Debt-to-Equity Ratio
- Return on Assets (ROA)
- Return on Equity (ROE)
- Use the following data:
- Current Assets: $150,000
- Inventory: $50,000
- Current Liabilities: $70,000
- Total Assets: $500,000
- Total Liabilities: $200,000
- Net Income: $80,000
- Shareholders' Equity: $300,000
Question:
Using the given data, calculate the Current Ratio, Quick Ratio, Debt-to-Equity Ratio, Return on Assets (ROA), and Return on Equity (ROE) for Google LLC for the year ended December 31, 2023.
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