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