Question
Comparative data from the balance sheet of BlackBerry Limited are shown below. BLACKBERRY LIMITED Consolidated Balance Sheet February 28, 2018 and February 28, 2017 (in
Comparative data from the balance sheet of BlackBerry Limited are shown below. BLACKBERRY LIMITED Consolidated Balance Sheet February 28, 2018 and February 28, 2017 (in U.S. millions) Assets Feb. 28, 2018 Feb. 28, 2017 Current assets $2,548 $1,717 Non-current assets 1.232 1,579 Total assets $3,780 $3,296 Liabilities and Shareholders' Equity Current liabilities $464 $621 Non-current liabilities 811 618 Total liabilities 1,275 1,239 Shareholders' equity 2,505 2,057 Total liabilities and shareholders' equity $3,780 $3,296 Using vertical analysis, calculate the percentage of the base amount for each year. (Round percentage answe e.g. 52.7%.) BLACKBERRY LIMITED Balance Sheet February 28, (in U.S. millions) 2018 Amount Percent 2017 Amount Percent Assets Current assets $2.548 % $1,717 % Non-current assets 1,232 % 1,579 % Total assets $3,780 % $3,296 % Liabilities and Shareholders' Equity Current liabilities $464 % $621 % Non-current liabilities 811 % 618 % Total liabilities 1,275 % 1,239 % Shareholders' equity 2,505 % 2,057 % Total liabilities and shareholders' equity $3,780 % $3,296 %
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started