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Google LLC reports the following as of December 31, 2022: Balance Sheet: Cash: $30 billion Marketable Securities: $50 billion Accounts Receivable: $20 billion Inventories: $1
Google LLC reports the following as of December 31, 2022:
- Balance Sheet:
- Cash: $30 billion
- Marketable Securities: $50 billion
- Accounts Receivable: $20 billion
- Inventories: $1 billion
- Total Current Assets: $101 billion
- Property, Plant & Equipment: $80 billion
- Total Assets: $300 billion
- Liabilities:
- Accounts Payable: $25 billion
- Short-term Debt: $10 billion
- Long-term Debt: $45 billion
- Shareholders’ Equity: $220 billion
- Income Statement:
- Sales: $200 billion
- Cost of Goods Sold: $100 billion
- Operating Expenses: $60 billion
- Interest Expense: $2 billion
- Tax Rate: 22%
Requirements:
- Compute the quick ratio.
- Calculate the return on assets (ROA).
- Determine the equity ratio.
- Assess the net profit margin.
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