Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Help with figuring out debt ratio (total liabilities/total assets): begin{tabular}{|c|c|} hline hline multirow{2}{*}{AsReportedQuarterlyBalanceSheetReportDate} & 07/02/2023 hline & 2nd Quarter hline Currency &

Help with figuring out debt ratio (total liabilities/total assets):

image text in transcribed

\begin{tabular}{|c|c|} \hline \\ \hline \multirow{2}{*}{AsReportedQuarterlyBalanceSheetReportDate} & 07/02/2023 \\ \hline & 2nd Quarter \\ \hline Currency & USD \\ \hline Audit Status & Unaudited \\ \hline Consolidated & Yes \\ \hline Scale & Thousands \\ \hline Cash \& cash equivalents & 21183000 \\ \hline Restricted cash & \\ \hline Marketable securities & 7322000 \\ \hline Accounts receivable, trade, gross & 16982000 \\ \hline Less: allowances & 205000 \\ \hline Accounts receivable, trade & 16777000 \\ \hline Raw materials \& supplies & 2419000 \\ \hline Goods in process & 1944000 \\ \hline Finished goods & 8525000 \\ \hline Inventories & 12888000 \\ \hline Prepaid expenses \& other current assets & 2397000 \\ \hline Assets held for sale & \\ \hline Total current assets & 60567000 \\ \hline Property, plant \& equipment at cost & 51218000 \\ \hline Less: accumulated depreciation & 30642000 \\ \hline Property, plant \& equipment, net & 20576000 \\ \hline Intangible assets, net & 46246000 \\ \hline Goodwill & 45440000 \\ \hline Deferred taxes on income & 8779000 \\ \hline Other assets & 10078000 \\ \hline Total assets & 191686000 \\ \hline Loans \& notes payable & 11701000 \\ \hline Accounts payable & 10443000 \\ \hline Accrued liabilities & 10605000 \\ \hline Accrued rebates, returns \& promotions & 15672000 \\ \hline Accrued compensation \& employee related obligations & 3062000 \\ \hline Accrued taxes on income & 2687000 \\ \hline Total current liabilities & 54170000 \\ \hline Notes & 24423000 \\ \hline Debentures & 9412000 \\ \hline Zero coupon convertible subordinated debentures & - \\ \hline Other long-term debt & 66000 \\ \hline Long-term debt & 33901000 \\ \hline Deferred taxes on income & 3627000 \\ \hline Employee related obligations & 6461000 \\ \hline Long-term taxes payable & 2536000 \\ \hline Other liabilities & 14582000 \\ \hline Total liabilities & 115277000 \\ \hline Common stock & 3120000 \\ \hline Foreign currency translation & -12161000 \\ \hline Gain (loss) on securities & -6000 \\ \hline Employee benefit plans & -1035000 \\ \hline Gain (loss) on derivatives \& hedges & 67000 \\ \hline Accumulated other comprehensive income (loss) & -13135000 \\ \hline Retained earnings \& additional paid-in capital & 129381000 \\ \hline Retained earnings (accumulated deficit) & - \\ \hline Less: common stock held in treasury, at cost & 44217000 \\ \hline Total Johnson \& Johnson shareholders? equity & 75149000 \\ \hline Total equity & 76409000 \\ \hline Equity attributable to non-controlling interest & 1260000 \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

What does stickiest refer to in regard to social media

Answered: 1 week ago