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K Bedell Motor Company (Bedell) owns 100 percent of Bedell Motor Credit Corporation (BMCC people finance the purchase of automobiles from Bedell and its dealers.
K Bedell Motor Company (Bedell) owns 100 percent of Bedell Motor Credit Corporation (BMCC people finance the purchase of automobiles from Bedell and its dealers. The two companies (Click the icon to view the balance sheet.) Assume that BMCC's liabilities include $1 6 billion owed to Bedell, the parent company Requirements Requirement 1. Compute the debt ratio of Bedell Motor Company considered alone (Round The debt ratio of Bedell Motor Company considered alone is 0.751 Requirement 2. Determine the consolidated total assets, total liabilities, and shareholders' e parent company (On line 1 (blank heading), enter any amount affecting Shareholders' E in billions.) Total assets Bedell $ 771 S 57.9 S 192 771 $ BMCC 1719 Eliminations - Eliminations - Debit Credit $ 158 1 S 138 171.9 S Total assets Total liabilities Total shareholders' equity. Total liabilities and equity. 16 13.8 154 $ 138 Consolidated Totals 16 S $ 233.6 15.4 S Print 214 4 19.2 233.6 $ $ $ Bedell (Parent) 77.1 Done 57.9 19 2 77.1 $ $ $ Total asset
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