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Just answer Question A, There is no data for 2014 given, that's it, thanks. (all values in millions of dollars) Some balance sheet information is
Just answer Question A, There is no data for 2014 given, that's it, thanks.
(all values in millions of dollars) Some balance sheet information is shown here a. What change in the book value of the company's equity took place at the end of 2015? b. Is the company's market-to-book ratio meaningful? Is its book debt-equity ratio meaningful? Explain c. Find the company's other financial statements from that time online. What was the cause of the change to its book value of equity at the end of 2015? d. Does the company's book value of equity in 2016 imply that it is unprofitable? Explain a. What change in the book value of the company's equity took place at the end of 2015? The book value of equity by $billion from the end of the previous year, and was (Select from the drop-down menus and round to three decimal places.) Balance Sheet 3/31/2016 12/31/2015 9/30/2015 6/30/2015 Assets Current Assets Cash and cash equivalents 293 300 255 232 362 385 460 Net receivables 401 Inventory 374 342 437 306 Other current assets 60 43 53 45 1,130 Total Current Assets 1,128 1,047 1,043 Long-term investments Property, plant, and equipment 128 97 200 1,052 979 991 995 748 736 Goodwill 744 742 Other assets 777 820 911 797 Total Assets 3,703 3,772 3,756 3,834 Liabilities Current Liabilities Accounts payable Short/current long-term debt 922 876 1,467 980 410 2 173 288 Other current liabilities 1,286 1,095 Total Current Liabilities 1,469 1,268 374 Inventory 342 437 306 Other current assets 60 43 53 45 1,047 Total Current Assets 1,128 1,130 1,043 128 Long-term investments 97 200 Property, plant, and equipment 979 991 995 1,052 744 Goodwill 748 736 742 Other assets 777 820 911 797 3,756 3,772 3,834 Total Assets 3,703 Liabilities Current Liabilities Accounts payable Short/current long-term debt 980 876 1,467 922 410 2 173 288 Other current liabilities 1,286 1,469 Total Current Liabilities 1,095 1,268 Long-term debt 2,381 2,124 474 475 Other liabilities 435 574 559 551 2,294 Total Liabilities 4,102 4,167 2,128 Total Shareholder's Equity - 346 -464 1,644 1,540 3,756 Total Liabilities and Shareholder's Equity 3,703 3,772 3,834 (all values in millions of dollars) Some balance sheet information is shown here a. What change in the book value of the company's equity took place at the end of 2015? b. Is the company's market-to-book ratio meaningful? Is its book debt-equity ratio meaningful? Explain c. Find the company's other financial statements from that time online. What was the cause of the change to its book value of equity at the end of 2015? d. Does the company's book value of equity in 2016 imply that it is unprofitable? Explain a. What change in the book value of the company's equity took place at the end of 2015? The book value of equity by $billion from the end of the previous year, and was (Select from the drop-down menus and round to three decimal places.) Balance Sheet 3/31/2016 12/31/2015 9/30/2015 6/30/2015 Assets Current Assets Cash and cash equivalents 293 300 255 232 362 385 460 Net receivables 401 Inventory 374 342 437 306 Other current assets 60 43 53 45 1,130 Total Current Assets 1,128 1,047 1,043 Long-term investments Property, plant, and equipment 128 97 200 1,052 979 991 995 748 736 Goodwill 744 742 Other assets 777 820 911 797 Total Assets 3,703 3,772 3,756 3,834 Liabilities Current Liabilities Accounts payable Short/current long-term debt 922 876 1,467 980 410 2 173 288 Other current liabilities 1,286 1,095 Total Current Liabilities 1,469 1,268 374 Inventory 342 437 306 Other current assets 60 43 53 45 1,047 Total Current Assets 1,128 1,130 1,043 128 Long-term investments 97 200 Property, plant, and equipment 979 991 995 1,052 744 Goodwill 748 736 742 Other assets 777 820 911 797 3,756 3,772 3,834 Total Assets 3,703 Liabilities Current Liabilities Accounts payable Short/current long-term debt 980 876 1,467 922 410 2 173 288 Other current liabilities 1,286 1,469 Total Current Liabilities 1,095 1,268 Long-term debt 2,381 2,124 474 475 Other liabilities 435 574 559 551 2,294 Total Liabilities 4,102 4,167 2,128 Total Shareholder's Equity - 346 -464 1,644 1,540 3,756 Total Liabilities and Shareholder's Equity 3,703 3,772 3,834Step by Step Solution
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