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(dollars in millions) ASSETS Current assets: Cash $ 13,924 Short-term investments Accounts receivable Inventories Other current assets Total current assets 11,297 17,559 2,122 24,007
(dollars in millions) ASSETS Current assets: Cash $ 13,924 Short-term investments Accounts receivable Inventories Other current assets Total current assets 11,297 17,559 2,122 24,007 68,909 Long-term investments 130,880 Property, plant, and equipment, net. 20,737 Other noncurrent assets 12,592 Total assets LIABILITIES AND STOCKHOLDERS EQUITY Current Liabilities: Accounts payable $233,118 $ 30,363 Accrued expenses 18,555 Unearned revenue Short-term notes payable Total current liabilities. Long-term debt Other noncurrent liabilities Total liabilities Stockholders' equity: Common stock ($0.00001 per value) Additional paid-in capital Retained earnings Total stockholders' equity 8,539 6,343 63,800 29,148 28,010 120,958 1 23,912 88,247 112,160 Total liabilities and shareholders' equity $233,118 Assume that the following transactions (in millions) occurred during the next fiscal year (ending on September 29, 2018): a. Borrowed $18,279 from banks due in two years. b. Purchased additional investments for $22,200 cash; one-fifth were long term and the rest were short term.. c. Purchased property, plant, and equipment; paid $9,584 in cash and signed a short-term note for $1,422. d. Issued additional shares of common stock for $1,481 in cash; total par value was $1 and the rest was in excess of par value. e. Sold short-term investments costing $19.021 for $19.021 cash. 1. Declared $11,138 in dividends to be paid at the beginning of the next fiscal year. P2-5 Part 5 5. Compute Mango's current ratio for the year ending on September 29, 2018. (Round your answer to 2 decimal places.) Current ratio
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