Q1. (3 points) On December 31, 2010 Dunder Mifflin reported, on its Form 10-K, the following in millions): Total assets $17,520.7 Total stockholders' equity 6,522.4 Total current liabilities 6,005.4 What did Dunder Mifflin report as total liabilities on December 31, 2010? Q2. In its 2010 annual report, Dunder Mifflin reported the following (in millions): Total assets $14,900 Total shareholders' equity $ 6,600 Total liabilities $8,300 What proportion of Dunder Mifflin is financed by nonowners? Q3. Apple reported the following on its 2010 income statement (in millions) Sales revenue $72,808 Gross profit $41,878 Current liabilities: $7,122 Total expenses $18,600 What did Apple report for cost of goods sold during 2010? |