QUESTION 09 Table 2 shows a balance sheet for a certain company All quantities shown are in millions of dollars What is the company's current ratio for 2020 Note Express your answers in strictly numerical terms, and IN million of USDs QUESTION 10 Table 2 shows a balance sheet for a certain company All quantities shown are in millions of dollars If in 2020 the corporation had 10 million shares outstanding and these shares are trading at $18 per share, then what is the company's enterprise value for 2020 (in million of USDs) Note Express your answers in strictly numerical terms, and IN million of USDs QUESTION 11 Table 2 shows a balance sheet for a certain company All quantities shown are in millions of dollars What is the company's quick ratio for 2020 Note Express your answers in strictly numerical terms, and IN million of USDs TABLE 2 Assets 2019 Liabilities and Stockholders' Equity 2020 2019 Current Assets Current Liabilities Cash 52 Accounts payable 100 Accounts receivable Notes payable short term debt 10 Inventories Current maturities of long term debt Other current assets Other current liabilities Total current assets 167 0 Total current liabilities 156 0 143 0 Long Term Assets Long Term Liabilities Land 90 72 Long term debt 110 99 Buildings 110 90 Capital lease obligations Equipment 99 100 Less accumulated depreciation 52 25 47 5 Deferred taxes 22 8 222 Net property, plant, and equipment 246 75 214 5 Other long term liabilities Goodwill 50 Total long term 132 8 121 2 liabilities Other long term assets 45 Total liabilities 288 8 264 2 Total long term assets 346 75 259 5 Stockholders' Equity 234 0 122 5 Total Assets 522 8 386 7 Total liabilities and Stockholders' Equity 522 8 386 7

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 18, 2024

QUESTION 09 Table 2 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's

image text in transcribed

QUESTION 09

" Table 2 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's current ratio for 2020? Note: Express your answers in strictly numerical terms, and IN million of USDs."

QUESTION 10

" Table 2 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. If in 2020 the corporation had 10 million shares outstanding and these shares are trading at $18 per share, then what is the company's enterprise value for 2020 (in million of USDs)? Note: Express your answers in strictly numerical terms, and IN million of USDs."

QUESTION 11

" Table 2 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's quick ratio for 2020? Note: Express your answers in strictly numerical terms, and IN million of USDs."

TABLE 2 Assets 2019 Liabilities and Stockholders' Equity 2020 2019 Current Assets Current Liabilities Cash 52 Accounts payable 100 Accounts receivable Notes payable / short- term debt 10 Inventories Current maturities of long-term debt Other current assets Other current liabilities Total current assets 167.0 Total current liabilities 156.0 143.0 Long-Term Assets Long-Term Liabilities Land 90 72 Long-term debt 110 99 - Buildings 110 90 Capital lease obligations Equipment 99 100 Less accumulated depreciation -52.25 -47.5 Deferred taxes 22.8 222 Net property, plant, and equipment 246.75 214.5 Other long-term liabilities Goodwill 50 - Total long-term 132.8 121.2 liabilities Other long-term assets 45 Total liabilities 288.8 264.2 Total long-term assets 346.75 259.5 Stockholders' Equity 234.0 122.5 Total Assets 522.8 386.7 Total liabilities and Stockholders' Equity 522.8 386.7