Note- go to Merck's Homepage and click on the most current annual report to answer the questions. thank you!
Corporate Discussion-Merck & Co Available on Monday, March 30, 2020 12:00 AM EDT Group/section restrictions. Must post first. Click HERE for Merck's homepage How do you get to their most current fiscal year end to answer these questions? Remember that the 10-K includes all of the financial data. Follow this thread after you click on the hyperlink. Investors=>Financials=>Annual Reports & Proxy=>Annual Report on Form 10-K. The most current fiscal 10-K will be listed first. Answers to questions 1-3 are in Item 8. All numbers in the financial statements for Merck are listed "in millions". Correct answers to questions 1-3 will have the amount AND "in millions". (This is the same as having multiplied the number by 1,000,000.) The formulas for ratios in questions 4 and 5 are in chapter 9 textbook and Power Point. Correct answers to questions 4-8 must include calculations, correct format for that ratio and rounded to two decimal places. Questions 7 and 8 are extra credit. 1. What is the amount for Total Assets at the end of the current year? (1.5 points) 2. What is the Total Revenue at the end of the current year? (1.5 points) 3. What is the Net Income (Loss) attributable to common stockholders* at the end of the current year? (1.5 points) 4. What is the Return on Assets Ratio for the current year? (3 points) 5. What is the Assets Turnover Ratio for the current year? (3 points) 6. The Board of Directors for Merck was contemplating to invest $200 million of 2018's ending retained earnings during 2019 for a new pill press production line. Total revenue was expected to increase by 5%. What would have been the expected Asset Turnover Ratio for 2019 if this action was taken? (8.5 points) 7. What is the Return on Assets Ratio for the year prior to the current year? (2 points extra credit) 8. What is the Assets Turnover Ratio for the year prior to the current year? (2 points extra credit)