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ExxonMobil Corp provides the following as of December 31, 2022: Balance Sheet: Cash: $5 billion Accounts Receivable: $12 billion Inventory: $15 billion Total Current Assets:

ExxonMobil Corp provides the following as of December 31, 2022:

  • Balance Sheet:
    • Cash: $5 billion
    • Accounts Receivable: $12 billion
    • Inventory: $15 billion
    • Total Current Assets: $32 billion
    • Total Assets: $300 billion
    • Accounts Payable: $20 billion
    • Short-term Debt: $5 billion
    • Long-term Debt: $40 billion
    • Shareholders’ Equity: $235 billion
  • Income Statement:
    • Revenue: $250 billion
    • Cost of Goods Sold: $150 billion
    • Operating Expenses: $70 billion
    • Interest Expense: $2 billion
    • Tax Rate: 26%

Requirements:

  1. Calculate the current ratio.
  2. Determine the net profit margin.
  3. Compute the return on assets (ROA).
  4. Evaluate the debt-to-equity ratio.

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