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Hi there I really need help withy these 2 questions I really appreciate it. 1. Global corporation balance sheet Global Corporation Balance Sheet for 2018
Hi there I really need help withy these 2 questions I really appreciate it.
1.
Global corporation balance sheet Global Corporation Balance Sheet for 2018 and 2017 ($ millions) Assets 2018 2017 Liabilities and Shareholders' 2018 2017 Equity Current Assets Current Liabilities Cash 22.8 20.7 Accounts payable 28.9 27.5 Accounts receivable 18.3 13.4 Notes payable/short-term debt 4.5 2.4 Inventories 14.8 15.3 Total current assets 55.9 49.4 Total current liabilities 33.4 29.9 Long-Term Assets Long-Term Liabilities Net property, plant, and 113.6 81.7 Long-term debt 113.1 79.3 equipment Total long-term assets 113.6 81.7 Total long-term liabilities 113.1 79.3 Total Liabilities 146.5 109.2 Shareholders' Equity. Common stock and paid-in surplus 8.7 8.7 Retained earnings 14.3 13.2 Total Shareholders' Equity 23.0 21.9 Total Assets 169.5 131.1 Total Liabilities and 169.5 131.1 Shareholders' EquityWhat was the change in Global's book value of equity from 2017 to 2018 according to the Global Corporation Balance Sheet? Does this imply that the market price of Global's shares increased in 2018? Explain. E Click the icon to view the Global Corporation Balance Sheet. E) What was the change in Global's book value of equity from 2017 to 2018 according to the table? Global's book value of equity increased by $ million from 2017 to 2018. (Round to one decimal place.) You are a shareholder in a corporation. The corporation earns $7 per share before taxes. Once it has paid taxes, it will distribute the rest of its earnings to you as a dividend. The corporate tax rate is 36%, the personal tax rate on dividend income is 30%, and the personal tax rate on other income is 42%. How much is left for you after all taxes are paid? The amount that remains is $|:| per share. (Round to the nearest cent.)Step by Step Solution
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