Question: In 2 0 2 2 , Caterpillar ( CAT ) reports Net income of $ 6 , 4 0 0 , Cash from operations (

In 2022, Caterpillar (CAT) reports Net income of $6,400, Cash from operations (CFO) of $5,400. Caterpillar had $82,500 average total assets.
(note: all amounts in $M).
What can you conclude from this information?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

1. In 2022, Caterpillar (CAT) reports Net income of $6,400, Cash from operations (CFO) of $5,400. Caterpillar had $82,500 average total assets. (note: all amounts in $M). What can you conclude from...

Q:

Big Data and Prediction Models TOTAL POINTS 10 1. Question 1 Which of the following variables are included in the Modified Jones model? (check all that apply) 1 point Cash dividends Kittens and...

Q:

Average rate of Return Method, Net Present Value Method, and analysis for a Service Company The capital investment committee of Ellis Transport and Storage Inc. is considering two investment...

Q:

Project Data: Williamston Widgets, Inc. (hereinafter referred to as the company), has had a surge in orders that they believe will continue into the foreseeable future, and if so will likely...

Q:

NEED HELP WITH ATTACHED ASSINGMENT PLEASE ! I would apprciate the help FINA 301 Capital Budgeting Exercises Capital Budgeting Exercise 1 You are considering the purchase of one of two machines used...

Q:

Part 1 Instructions: Record the following journal entries for ABC Corporation on the journal in the Excel File. Use the letter for each as the date. Journal Entries A. Issued 8500 shares of $10 par...

Q:

Capital Budgeting Exercise 1 You are considering the purchase of one of two machines used in your manufacturing plant. Machine A has a life of two years, costs $1500 initially, and then $400 per year...

Q:

Capital Budgeting Exercise 1 You are considering the purchase of one of two machines used in your manufacturing plant. Machine A has a life of two years, costs $1500 initially, and then $400 per year...

Q:

Capital Budgeting Exercise 2 Your company has spent $250,000 on research to develop a new computer game. The firm is planning to spend $1,400,000 on a machine to produce the new game. Shipping and...

Q:

during 2 0 2 1 marke; company earned net income of 5 0 0 0 0 0 which incluuded depreciaiton expense of 7 8 0 0 0 in addition the company experienced the following changes in the account balances...

Q:

When David Ltd. Received its Bank Statement for the period ended 30th June, 1998, this did not agree with the balance shown in the Cash Book of $. 2,972 in the Company's favour. An examination of the...

Q:

Of grocery shoppers who have a shopping cart, 70 percent pay by credit/debit card (event C1), 20 percent pay cash (event C2), and 10 percent pay by check (event C3). Of shoppers without a grocery...

Q:

Which of the following forms of ownership ( check all that apply ) shield the owners from legal liability, assuming no fraud or negligence on their part? Sole Corporation LP LLC Corporation...

Q:

Can you elucidate the role of molecular chaperones and protein quality control systems in maintaining the integrity and homeostasis of the cytoplasm, particularly under conditions of cellular stress...