• 

• Calculate the:

• Net Debt Ratio = Total Debt Excess Cash

• Debt-Enterprise Value Ratio = Net Debt : (MV of Equity + Net Debt)

GLOBAL CONGLOMERATE CORPORATION Assets 2015 2014 Current Assets Cash 29.2 3.5 13.3 2.0 48.0 24.5 3.2 12.3 4.0 44.0 Consolidated Balance Sheet Year Ended December 31 (in $ million) 2015 2014 Liabilities and Stockholders' Equity Current Liabilities 21.2 19.5 Accounts payable 18.5 13.2 Notes payable/short-term debt 15.3 14.3 Current maturities of long-term debt 2.0 1.0 Other current liabilities 57.0 48.0 Total current liabilities Long-Term Liabilities 22.2 20.7 Long-term debt 36.5 30.5 Capital lease obligations 39.7 33.2 Total debt (18.7) (17.5) Deferred taxes 79.7 66.9 Other long-term liabilities 20.0 20.0 Total long-term liabilities 21.0 14.0 Total Liabilities 120.7 100.9 Stockholders' Equity Total Liabilities 177.7 148.9 and Stockholders' Equity 99.9 Accounts receivable Inventories Other current assets Total current assets Long-Term Assets Land Buildings Equipment Less accumulated depreciation Net property, plant, and equipment Goodwill and intangible assets Other long-term assets Total long-term assets 76.3 76.3 99.9 7.6 7.4 83.7 107.5 155.5 22.2 127.7 21.2 Total Assets 177.7 148.9