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please help with problems # 7,8,9,10,11,14, and 15 show work 7 14884/ 8 30167/ 9 Fixed Asset turnover = Net Sales /Net fixed assets Total
please help with problems # 7,8,9,10,11,14, and 15 show work
7 14884/ 8 30167/ 9 Fixed Asset turnover = Net Sales /Net fixed assets Total Debt ratio=Total Assets-Total Common Equity/Total Assets Equity multiplier (EM) = Total Assets/ Total common equity Times interest earned ratio=EBIT/Interest ROE (Return On Equity) = Net Income/Total Common Equity 10 11 14 Profit Margin (PM)= Net Income used to calculate basic earnings/Net Sales Basic Net Earnings per share (EPS) in 2019 15 Dec. 31, 2019 Stryker Corp (SYK) Consolidated Statements Of Earnings - USD ($) shares in Millions, $ in Millions Income Statement [Abstract] Net sales Cost of sales 14884 5188 9696 Gross profit Research, development and engineering expenses Selling, general and administrative expenses 971 5356 Recall charges 192 Amortization of intangible assets 464 Total operating expenses 6983 Operating income 2713 -151 * Other income (expense), net Earnings before income taxes 2562 Income taxes 479 Net earnings 2083 Net earnings per share of common stock: 5.57 5.48 374 Basic net earnings per share of common stock (in dollars per share) Diluted net earnings per share of common stock (in dollars per share) Weighted average shares outstanding (in millions): Basic (in shares) Effect of dilutive employee stock compensation (in shares) Diluted (in shares) Anti-dilutive shares excluded from the calculation of dilutive employee stock compensation *Note: Interest on debt 5.9 379.9 0 1342 Dec. 31, 2019 STRYKER Corp Consolidated Balance Dec. 31, Sheets - USD ($) $ in Millions 2019 Current assets Cash and cash equivalents 4337 Marketable securities Current liabilities Accounts payable Accrued compensation 675 955 88 2893 Accounts receivable, less allowance of Inventories: 171 213 Income taxes Dividend payable Accrued expenses and other liabilities Materials and supplies 677 1527 Work in process 178 Current maturities of debt 859 Finished goods 2427 4400 Total current liabilities Long-term debt, excluding current maturities Total inventories 3282 10231 Prepaid expenses and other current as 760 Income taxes 1068 11360 Total current assets Property, plant and equipment: Other noncurrent liabilities Total liabilities 1661 17360 Land, buildings and improvements 1263 Shareholders' equity Machinery and equipment 3451 Common stock, $0.10 par value 37 Total property, plant and equipment 4714 Additional paid-in capital 1628 Less allowance for depreciation 2147 Retained earnings 11748 Property, plant and equipment, net 2567 -606 Accumulated other comprehensive Total Strykers shareholders' equity Noncontrolling interest Goodwill 9069 12807 Other intangibles, net Noncurrent deferred income tax asset 4227 1575 Total shareholders' equity 12807 Other noncurrent assets 1369 Total assets Total liabilities & shareholders' equity 30167 30167
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