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: Microsoft Corporation provided the following balance sheet information as of June 30, 2023: Total Assets: $10,000,000 Total Liabilities: $4,000,000 Shareholders' Equity: $6,000,000 Cash and
- : Microsoft Corporation provided the following balance sheet information as of June 30, 2023:
- Total Assets: $10,000,000
- Total Liabilities: $4,000,000
- Shareholders' Equity: $6,000,000
- Cash and Cash Equivalents: $2,000,000
- Accounts Receivable: $1,500,000
- Inventory: $1,000,000
- Property, Plant, and Equipment: $4,000,000
- Long-term Debt: $2,000,000
- a. Calculate Microsoft Corporation's Current Ratio and Quick Ratio based on the provided data. b. Determine Microsoft Corporation's Debt-to-Equity Ratio. c. Analyze the composition of Microsoft Corporation's total assets and their significance for the company's operations. d. Evaluate Microsoft Corporation's financial leverage based on its long-term debt and shareholders' equity.
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