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Green Eartn Homes, Inc., buids ennrenmentally senative snuctures. The ccmpanys 2018 revenues totaled 2,005 milion.At December 31, 2010, and 2017, thecompany had, respectivety, 9345 million
Green Eartn Homes, Inc., buids ennrenmentally senative snuctures. The ccmpanys 2018 revenues totaled 2,005 milion.At December 31, 2010, and 2017, thecompany had, respectivety, 9345 million and 575 milion in current assets. The companys balance sheets and income slatements reported the talcaing amcuants (Click the mn to view the amants ) Head lhe tequrents Requirement 1. Dcsnbe cch or Grecn Earth's long-erm liab lities and state how the liability arosc At yoar-ond IIn millions) 2017 Cncose the cormect liablity from the ist tha bes fts the cescription prowided. The amounl Ie cay expecls lo pay alles Ihe CuTent lablltics 118 S Detemed Income taxes payabie The result of tmina dmaronces berweon GAAP and tax acco come ("Income Tax Expense and taxable incoma accordingt Internal Revenue rogulations rincon-e-ax payable'). Leases payable Requirement 2. Whal wee Ue opay's Ictal assels al Decmte Employee compensation and benefnts The result from a campany etering ina long-erm lcases s that last longer than 12 months, and reflects the abligarion for future casc payments urrent porti lang-te ttetit 31, 201 Evaluale he compatn Tolal cuen latiltes or remain aocut the samc over the ycar? What were the company's toral ascs at beccmber 31, 2018 The total assets at December 31, 2018 were s 4HrS million. Evaluate the company's kvcrags and debi ratio at the end of 2017 and 2018. DIG the company Bogin by computing the ratics. Determinc the fommula for the debt ratio. Then complate thc formula 3 Leng term bonds payable Defarred Income taxes payabla Lcascs paryatic Common stockholders' equity Total iabirics and stocikholdcrs' cquity 1,322 1,702 4879 S3,530 answers to two docimal places.) Toral llablinies Total asscts - Debt ratio Cost of gcods sole S2.0S0 1,470 Print Done
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