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Examine the balance sheet data of Cisco Systems, Inc. as of December 31, 2023, presented in the table below. Answer the following questions: Metric Value

Examine the balance sheet data of Cisco Systems, Inc. as of December 31, 2023, presented in the table below. Answer the following questions:

Metric

Value (in millions)

Current Assets

$25,000

Current Liabilities

$10,000

Total Assets

$80,000

Total Liabilities


Shareholders' Equity

$40,000

Requirements:

  1. Calculate the Total Liabilities for Cisco Systems, Inc.
  2. Determine the Debt-to-Asset ratio.
  3. Compute the Current Ratio for Cisco Systems, Inc.
  4. Analyze the financial position of Cisco Systems, Inc. based on the Current Ratio.

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