Question 1:

Preparing a Balance Sheet The following financial information is known about Pfizer, Inc. for the year ended December 31, 2015. (all amounts in millions): a. The balance of cash and cash equivalents was $3,542. b. Short-term investments have a fair market value of $19,649. c. Gross accounts receivable total $8,362, which includes $384 that is not expected to be collected. d. Inventory has a cost basis of $7,315. e. Current tax assets total $2,662; other current assets total $2,163, and long-term investments total $15,801. f. Property, plant and equipment have a cost basis of $27,070 and accumulated depreciation of $13,502. g. Intangible assets have a cost basis of $89,396 and accumulated amortization of $49,040. h. Noncurrent deferred tax assets, other taxes assets, and other noncurrent assets total $5,293 and Goodwill totals $48,242. i. Accounts payable total $3,521 accrued expenses payable total $15,619; and, short-term borrowings total $10,160. j. Long-term debt totals $28,620, pension and post-retirement benefit obligations total $8,119. k. Noncurrent deferred tax liabilities $26,679, and other taxes payable and noncurrent liabilities of $9,249. l. Shareholders equity totals $64,324, composed of retained earnings of $71,795, other comprehensive income (loss) of $(9,522), treasury stock of negative $79,252, and contributed capital of $81,303. Equity attributable to noncontrolling interests totals $278.

$ 0 Required Prepare a balance sheet for Pfizer, Inc. as of December 31, 2015. Calculate Pfizer's total debt to total assets ratio and long-term debt-to-equity ratio and evaluate the results. Hint: Remember to list assets in order of liquidity. Enter other comprehensive loss and treasury stock as negative numbers. Pfizer, Inc Balance Sheet 12/31/15 Current assets Current liabilities $ 0 0 Short-term investments Accrued expenses payable 0 Short-term borrowings 0 Inventory 0 Total 0 Current tax assets 0 Other current assets 0 Noncurrent liabilities Total 0 0 Pension and post-retirement benefit obligations 0 Noncurrent assets Noncurrent deferred tax liabilities 0 Other taxes payable and other noncurrent liabilities Property, plant & equipment, (net) 0 Total liabilities Identifiable intangible assets (net) 0 Shareholders' Equity Goodwill 0 0 Other noncurrent assets (inc, tax assets) 0 0 Other comprehensive income (loss) 0 Treasury stock 0 Total shareholders' equity Equity attributable to noncontrolling interests Total equity 0 Total assets $ 0 Total liabilities and Shareholders' equity $ Please answer all parts of the question, 0 Question 3 Answer saved Marked out of 10.00 Flag question Analysis of Financial Statement Data The following data were taken from the financial statements of The Amphlett Corporation. 2012 2013 Net sales Net income $150,860 $165,585 28,765 32,340 211,225 232,440 101,975 121,165 Total assets Shareholders' equity Required Calculate the following ratios for 2012 and 2013: 2012 2013 0 % 0 % 0 % 0 % a. Return on equity (round to one decimal place) b. Return on assets (round to one decimal place) C. Return on sales (round to one decimal place) d. Total assets to shareholders' equity (financial leverage) (round to two decimal places) e. Asset turnover (round to two decimal places) 0 % 0 % 0 0 0 0 Question 4 Answer saved Marked out of 10.00 Flag question Analysis of Financial Statement Data The following data were taken from the financial statements of The Mann Corporation. 2012 2013 Net sales Net income $1,400,000 $2,420,000 101,000 221,000 558,659 894,309 313,030 381,622 Total assets Shareholders' equity Required Calculate the following ratios for 2012 and 2013: 2012 2013 0 % 0 % 0 % 0 % a. Return on equity (round to one decimal place) b. Return on assets (round to one decimal place) c. Return on sales (round to one decimal place) d. Total assets to shareholders' equity (financial leverage) (round to two decimal places) e. Asset turnover (round to two decimal places) 0 % 0 % 0 0 0 0