Question
Find three different financial statements that have varying capital structures. Write a paragraph about each that explains the debtequity relationship and that computes the percentage
Find three different financial statements that have varying capital structures. Write a paragraph about each that explains the debtequity relationship and that computes the percentage of debt and the percentage of equity represented.
Also note whether the percentage of annual interest on debt is revealed in the notes to the financial statements. If so, do you believe the interest rate is fair and equitable? Why?
Google: As of 06/30/2022
Current Liability: $17,341.00 Total Equity: $255.42B Debt Equity Ratio: 0.39
Amazon
Current Liability: $288.33B Total Equity $131.40B Debt Equity Ratio: 2.19
Microsoft
Current Liabilty: $198.30B Total equity $166.54B Debt Ratio 1.19
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started