Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Company: Alphabet Inc. Item Amount (in millions) Cash and Cash Equivalents $20,945 Accounts Receivable $40,402 Inventory $5,125 Total Current Assets $111,007 Property, Plant, Equipment $81,039

Company: Alphabet Inc.

Item

Amount (in millions)

Cash and Cash Equivalents

$20,945

Accounts Receivable

$40,402

Inventory

$5,125

Total Current Assets

$111,007

Property, Plant, Equipment

$81,039

Total Assets

$319,616

Accounts Payable

$15,347

Short-term Debt

$6,291

Total Current Liabilities

$56,290

Long-term Debt

$12,469

Total Liabilities

$97,106

Total Equity

$222,510

Questions:

  1. Calculate Alphabet's current ratio.
  2. Determine Alphabet's quick ratio (acid-test ratio).
  3. What is Alphabet’s debt to equity ratio?
  4. Compute the working capital of Alphabet.
  5. If Alphabet had net sales of $257,637 million and cost of goods sold of $120,324 million, what is the inventory turnover ratio?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Principles

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

12th edition

1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056

More Books

Students also viewed these Accounting questions

Question

Is times interest earned meaningful for utilities? Why or why not?

Answered: 1 week ago