Question
Fatima Bell Corporation Consolidated Statements of Financial Position December 31 (In millions) 20X6 20X5 Assets: Current assets Cash and cash equivalents $4,301 $4,138 Short-term investments
Fatima Bell Corporation | ||||||
Consolidated Statements of Financial Position | ||||||
December 31 | ||||||
(In millions) | 20X6 | 20X5 | ||||
Assets: | ||||||
Current assets | ||||||
Cash and cash equivalents | $4,301 | $4,138 | ||||
Short-term investments | 830 | 512 | ||||
Accounts receivable, net | 3,402 | 2,401 | ||||
Inventories | 427 | 410 | ||||
Other | 1,638 | 1,213 | ||||
Total current assets | 10,598 | 8,674 | ||||
Property, plant and equipment, net | 1,517 | 932 | ||||
Investments | 6,613 | 5,323 | ||||
Other non-current assets | 301 | 144 | ||||
Total assets | $19,029 | $15,073 | ||||
Liabilities and Shareholders' Equity: | ||||||
Current liabilities | ||||||
Accounts payable | $7,702 | $6,002 | ||||
Accrued and other | 3,676 | 3,044 | ||||
Total current liabilities | 11,378 | 9,046 | ||||
Long-term debt | 301 | 302 | ||||
Other non-current liabilities | 1,701 | 1,167 | ||||
Commitments and contingent liabilities (Note 7) | - | - | ||||
Total liabilities | 13,380 | 10,515 | ||||
Shareholders equity: | ||||||
Preference share and capital in excess of $0.02 par value; | ||||||
shares issued and outstanding: none | - | - | ||||
Ordinary share and capital in excess of $0.05 par value; | ||||||
shares authorized: 6,000; | ||||||
shares issued: 3,240 and 2,946, respectively | 7,801 | 7,004 | ||||
Treasury share, at cost; 175 and 124 shares, respectively | (6,333) | (4,404) | ||||
Retained earnings | 4,321 | 2,054 | ||||
Other comprehensive loss | (104) | (50) | ||||
Other | (36) | (46) | ||||
Total shareholders equity | 5,649 | 4,558 | ||||
Total liabilities and shareholders equity | $19,029 | $15,073 |
Fatima Bell Corporation | |||
Consolidated Statements of Income | |||
Year ended December 31 | |||
(In millions, except per share amounts) | 20X6 | 20X5 | 20X4 |
Net revenue | $42,810 | $35,299 | $30,968 |
Cost of goods sold | 34,010 | 29,111 | 26,061 |
Gross profit | 8,800 | 6,188 | 4,907 |
Operating expenses: | |||
Selling, general, and administrative | 3,342 | 3,000 | 2,581 |
Research, development, and engineering | 575 | 556 | 542 |
Special charges | - | - | 502 |
Total operating expenses | 3,917 | 3,556 | 3,625 |
Operating income | 4,883 | 2,632 | 1,282 |
Investment and other income (loss), net | 172 | 212 | (78) |
Income before income taxes | 5,055 | 2,844 | 1,204 |
Income tax expense | 1,108 | 912 | 472 |
Net income | $3,947 | $1,932 | $732 |
Earnings per ordinary share: | |||
Basic | $1.34 | $0.94 | $0.42 |
The book value per share of Fatima Bell's ordinary share outstanding at December 31, 20X6,was ??
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