Question
IBM Corporation Data for the year ended December 31, 2023: Item Amount Total Assets $800,000,000 Total Liabilities $400,000,000 Shareholders' Equity $400,000,000 Revenue $400,000,000 Operating
IBM Corporation
Data for the year ended December 31, 2023:
Item | Amount |
Total Assets | $800,000,000 |
Total Liabilities | $400,000,000 |
Shareholders' Equity | $400,000,000 |
Revenue | $400,000,000 |
Operating Expenses | $300,000,000 |
- Calculate IBM's debt ratio.
- Determine IBM's return on assets (ROA).
- Analyze the impact of total assets on IBM's financial leverage.
- Discuss how IBM recognizes revenue from technology services.
- Evaluate IBM's financial health using the interest coverage ratio.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
9th Canadian Edition, Volume 2
470964731, 978-0470964736, 978-0470161012
