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Microsoft 2020- Financial Report Explain if Companys ratio of stockholders equity to total assets seem consistent with the business risk of the Company? (Please include
Microsoft 2020- Financial Report
- Explain if Companys ratio of stockholders equity to total assets seem consistent with the business risk of the Company? (Please include account descriptions and amounts in a table presentation). Hint: Find the Risk Factors section in the SEC or Annual Report Filings)
- Calculate the current ratio for each year. What does the ratio say about the Company? (Please include account descriptions and amounts in a table presentation).
- What is the percentage change in total assets from the prior year to the current year increase or (decrease)? (Please include account descriptions and amounts in a table presentation).
- Does the Companys common stock have a par value? If yes, what is the amount reported as par value per share?
- How many shares of common stock were issued at the end of the fiscal year?
PART II Item 8 BALANCE SHEETS (In millions) 2020 2019 $ 13,576 $ 122,951 11,356 122,463 June 30, Assets Current assets: Cash and cash equivalents Short-term investments Total cash, cash equivalents, and short-term investments Accounts receivable, net of allowance for doubtful accounts of $788 and $411 Inventories Other current assets 136,527 133,819 32,011 1,895 11,482 29,524 2,063 10,146 181,915 175,552 Total current assets Property and equipment, net of accumulated depreciation of $43,197 and $35,330 Operating lease right-of-use assets Equity investments Goodwill Intangible assets, net Other long-term assets 44.151 8,753 2,965 43,351 7,038 13,138 36,477 7,379 2,649 42,026 7,750 14,723 Total assets $ 301,311 $ 286,556 $ Liabilities and stockholders' equity Current liabilities: Accounts payable Current portion of long-term debt Accrued compensation Short-term income taxes Short-term unearned revenue Other current liabilities 12,530 $ 3,749 7,874 2,130 36,000 10,027 9,382 5,516 6,830 5,665 32,676 9,351 Total current liabilities Long-term debt Long-term income taxes Long-term unearned revenue Deferred income taxes Operating lease liabilities Other long-term liabilities Total liabilities 72,310 59,578 29,432 3,180 204 7,671 10,632 69,420 66,662 29,612 4,530 233 6,188 7,581 183,007 184.226 Commitments and contingencies Stockholders' equity: Common stock and paid-in capital - shares authorized 24,000; outstanding 7,571 and 7,643 Retained earnings Accumulated other comprehensive income (loss) 80,552 34,566 3,186 78,520 24,150 (340) Total stockholders' equity 118,304 102,330 Total liabilities and stockholders' equity $ 301,311 $ 286,556 Refer to accompanying notes
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