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i need the answer worked out separately for 2017 and 2018 please !! thank you Cambridge Business Publishers Chapter 41 Using Financial Statements for investing
i need the answer worked out separately for 2017 and 2018 please !! thank you
Cambridge Business Publishers Chapter 41 Using Financial Statements for investing and Credit Decisions P4.27 Analyzing Financial Statements. Presented below are selected financial data from the 2018 annual report of The Boeing Company: 161 TA 2 2018 2017 (amounts in millions) Balance sheet Cash and cash equivalents Marketable securities Accounts receivable (net) Inventory Total current assets. Total assets.. Current portion of long-term debt Total current liabilities Long-term debt Shareholders' equity Income statement Net sales... Cost of goods sold Interest expense Net income before taxes. Net income $ 7,637 927 13,904 62,567 87,830 117.359 2,690 81,590 8,501 410 $ 8,813 1.179 11,088 61,388 85,194 112,362 435 74,468 8,021 1.713 $101,127 81,421 475 11,604 10,460 $ 94,005 76,542 360 10.107 8,458 Required Using the ratio definitions from Exhibit 4.6, calculate the financial ratios for The Boeing Company and deter- mine whether the company is a good investment. Assume an effective tax rate of 20 percent. Cambridge Business Publishers Chapter 41 Using Financial Statements for investing and Credit Decisions P4.27 Analyzing Financial Statements. Presented below are selected financial data from the 2018 annual report of The Boeing Company: 161 TA 2 2018 2017 (amounts in millions) Balance sheet Cash and cash equivalents Marketable securities Accounts receivable (net) Inventory Total current assets. Total assets.. Current portion of long-term debt Total current liabilities Long-term debt Shareholders' equity Income statement Net sales... Cost of goods sold Interest expense Net income before taxes. Net income $ 7,637 927 13,904 62,567 87,830 117.359 2,690 81,590 8,501 410 $ 8,813 1.179 11,088 61,388 85,194 112,362 435 74,468 8,021 1.713 $101,127 81,421 475 11,604 10,460 $ 94,005 76,542 360 10.107 8,458 Required Using the ratio definitions from Exhibit 4.6, calculate the financial ratios for The Boeing Company and deter- mine whether the company is a good investment. Assume an effective tax rate of 20 percent Step by Step Solution
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