Score: 0.33 of 1 pt P 2-37 (similar to) Som balance sheet information is shown home al values in milions of dollars) What change in the book value of the company's equity took place at the end of 20157 be company's mar-to-book ratio meaningful is its book debt equity ratio meaningfu? Explain c. Fed the company's other financial statements from that time online. What was the cause of the change to book value of equity at the end of 2015? d. Does the company's book value of equity in 2016 imply that it is unproftable? Explain h, is the company's market to book etio meaningful? Is its book debt equity ratio meaningful? Explain. (Select all the choices that apply.) Because the book value of equity is negative in this case, the company's market to book ratio and its book debt-equity ratio are not meaningful Because the book value of equity is negative in this case, the company's market debt equity ratio may be used in comparison Because the book value of equity is positive in this case, the company's market debt-equity ratio may be used in comparison To because the book value of equity is positive in this case, the company's market-to-book ratio and its book debt equity ratio are not meaningful c. Find the company other financial statements from that time online. What was the cause of the change to its book value of equity at the end of 20157 (Select all the choices that apply) DA Information from the statement of cash flows helped explain that the increase of book value of equity resulted from an decrease in debt that was used to repurchase $2.112 billion worth of Information from the statement of cash flows helped explain that the increase of book value of equity resulted from an increase in debt that was used to repurchase 52. 112 billion worth of * Information from the statement of cash flows helped explain that the decrease of book value of equity resulted from an decrease in debt that was used to repurchase $2.112 billion worth Information from the statement of cash flows helped explain that the decrease of book value of equity resulted from an increase in debt that was used to repurchase 32.112 billion worth Does the company's book value of equity in 2016 imply that it is unprofitable? Explain. (Select all the choices that apply) DA Negative book value of equity does not necessarily mean the firm is unprofitable DB Negative book value of equity means the firm is unprofitable cita fum borrows to repurchase shares or invest in intangible assets (such as R&D), it can have a negative book value of equity CD Negative book value of equity means the tem will most likely file for bankruptcy 3/31/2016 12/31/2015 9/30/2015 6/30/2015 293 401 Balance Sheet: Assets Current Assets Cash and cash equivalents Net receivables Inventory Other current assets Total Current Assets Long-term investments Property, plant, and equipment Goodwill 255 385 437 53 1,130 374 60 1,128 128 979 744 777 3,756 300 362 342 43 1,047 97 991 748 823 3,706 232 460 306 45 1,043 200 1,052 742 797 3,834 995 736 918 3,779 876 410 1,467 2 922 173 980 288 Other assets Total Assets Liabilities Current Liabilities Accounts payable Short/current long-term debt Other current liabilities Total Current Liabilities Long-term debt Other liabilities Total Liabilities Total Shareholder's Equity Total Liabilities and Shareholder's Equity 1,286 2,381 435 4,102 - 346 3,756 1,469 2,124 574 4,167 -461 3,706 1,095 474 559 2,128 1,651 3,779 1,268 475 551 2,294 1,540 3,834 Print Done Score: 0.33 of 1 pt WP 2-37 (similar to) Some balance sheet information is shown here (all values in millions of dollars) a. What change in the book value of the company's equity took place at the end of 2015? b. is the company's market-to-book ratio meaningful? Is its book debt-equity ratio meaningful? Explain. c. Find the company's other financial statements from that time online. What was the cause of the change to its book value of equity at the end of 2015? d. Does the company's book value of equity in 2016 imply that it is unprofitable? Explain b. In the company's market to book ratio meaningful? Is its book debl-equity ratio meaningful? Explain. (Select all the choices that apply.) A Because the book value of equity is negative in this case, the company's market-to-book ratio and its book debt-equity ratio are not meaningful B. Because the book value of equity is negative in this case, the company's market debt-equity ratio may be used in comparison m. Because the book value of equity is positive in this case, the company's market debt-equity ratio may be used in comparison BD. Because the book value of equity is positive in this case, the company's market-to-book ratio and its book debt-equity ratio are not meaningful c. Find the company's other financial statements from that time online. What was the cause of the change to its book value of equity at the end of 2015? (Select all the choices A. Information from the statement of cash flows helped explain that the increase of book value of equity resulted from an decrease in debt that was used to repurchase $2.1 8. Information from the statement of cash flows helped explain that the increase of book value of equity resulted from an increase in debt that was used to repurchase $2.11. X Information from the statement of cash flows helped explain that the decrease of book value of equity resulted from an decrease in debt that was used to repurchase $2.1 Information from the statement of cash flows helped explain that the decrease of book value of equity resulted from an increase in debt that was used to repurchase $2.11 d. Does the company's book value of equity in 2016 imply that it is unprofitable? Explain. (Select all the choices that apply.) DA Negative book value of equity does not necessarily mean the firm is unprofitable OB Negative book value of equity means the firm is unprofitable. Ca firm borrows to repurchase shares or invest in intangible assets (such as R&D), it can have a negative book value of equity D. Negative book value of equity means the firm wil most likely file for bankruptcy. Click to select your answers) and then click Check Answer All parts showing Score: 0.33 of 1 pt P 2-37 (similar to) Som balance sheet information is shown home al values in milions of dollars) What change in the book value of the company's equity took place at the end of 20157 be company's mar-to-book ratio meaningful is its book debt equity ratio meaningfu? Explain c. Fed the company's other financial statements from that time online. What was the cause of the change to book value of equity at the end of 2015? d. Does the company's book value of equity in 2016 imply that it is unproftable? Explain h, is the company's market to book etio meaningful? Is its book debt equity ratio meaningful? Explain. (Select all the choices that apply.) Because the book value of equity is negative in this case, the company's market to book ratio and its book debt-equity ratio are not meaningful Because the book value of equity is negative in this case, the company's market debt equity ratio may be used in comparison Because the book value of equity is positive in this case, the company's market debt-equity ratio may be used in comparison To because the book value of equity is positive in this case, the company's market-to-book ratio and its book debt equity ratio are not meaningful c. Find the company other financial statements from that time online. What was the cause of the change to its book value of equity at the end of 20157 (Select all the choices that apply) DA Information from the statement of cash flows helped explain that the increase of book value of equity resulted from an decrease in debt that was used to repurchase $2.112 billion worth of Information from the statement of cash flows helped explain that the increase of book value of equity resulted from an increase in debt that was used to repurchase 52. 112 billion worth of * Information from the statement of cash flows helped explain that the decrease of book value of equity resulted from an decrease in debt that was used to repurchase $2.112 billion worth Information from the statement of cash flows helped explain that the decrease of book value of equity resulted from an increase in debt that was used to repurchase 32.112 billion worth Does the company's book value of equity in 2016 imply that it is unprofitable? Explain. (Select all the choices that apply) DA Negative book value of equity does not necessarily mean the firm is unprofitable DB Negative book value of equity means the firm is unprofitable cita fum borrows to repurchase shares or invest in intangible assets (such as R&D), it can have a negative book value of equity CD Negative book value of equity means the tem will most likely file for bankruptcy 3/31/2016 12/31/2015 9/30/2015 6/30/2015 293 401 Balance Sheet: Assets Current Assets Cash and cash equivalents Net receivables Inventory Other current assets Total Current Assets Long-term investments Property, plant, and equipment Goodwill 255 385 437 53 1,130 374 60 1,128 128 979 744 777 3,756 300 362 342 43 1,047 97 991 748 823 3,706 232 460 306 45 1,043 200 1,052 742 797 3,834 995 736 918 3,779 876 410 1,467 2 922 173 980 288 Other assets Total Assets Liabilities Current Liabilities Accounts payable Short/current long-term debt Other current liabilities Total Current Liabilities Long-term debt Other liabilities Total Liabilities Total Shareholder's Equity Total Liabilities and Shareholder's Equity 1,286 2,381 435 4,102 - 346 3,756 1,469 2,124 574 4,167 -461 3,706 1,095 474 559 2,128 1,651 3,779 1,268 475 551 2,294 1,540 3,834 Print Done Score: 0.33 of 1 pt WP 2-37 (similar to) Some balance sheet information is shown here (all values in millions of dollars) a. What change in the book value of the company's equity took place at the end of 2015? b. is the company's market-to-book ratio meaningful? Is its book debt-equity ratio meaningful? Explain. c. Find the company's other financial statements from that time online. What was the cause of the change to its book value of equity at the end of 2015? d. Does the company's book value of equity in 2016 imply that it is unprofitable? Explain b. In the company's market to book ratio meaningful? Is its book debl-equity ratio meaningful? Explain. (Select all the choices that apply.) A Because the book value of equity is negative in this case, the company's market-to-book ratio and its book debt-equity ratio are not meaningful B. Because the book value of equity is negative in this case, the company's market debt-equity ratio may be used in comparison m. Because the book value of equity is positive in this case, the company's market debt-equity ratio may be used in comparison BD. Because the book value of equity is positive in this case, the company's market-to-book ratio and its book debt-equity ratio are not meaningful c. Find the company's other financial statements from that time online. What was the cause of the change to its book value of equity at the end of 2015? (Select all the choices A. Information from the statement of cash flows helped explain that the increase of book value of equity resulted from an decrease in debt that was used to repurchase $2.1 8. Information from the statement of cash flows helped explain that the increase of book value of equity resulted from an increase in debt that was used to repurchase $2.11. X Information from the statement of cash flows helped explain that the decrease of book value of equity resulted from an decrease in debt that was used to repurchase $2.1 Information from the statement of cash flows helped explain that the decrease of book value of equity resulted from an increase in debt that was used to repurchase $2.11 d. Does the company's book value of equity in 2016 imply that it is unprofitable? Explain. (Select all the choices that apply.) DA Negative book value of equity does not necessarily mean the firm is unprofitable OB Negative book value of equity means the firm is unprofitable. Ca firm borrows to repurchase shares or invest in intangible assets (such as R&D), it can have a negative book value of equity D. Negative book value of equity means the firm wil most likely file for bankruptcy. Click to select your answers) and then click Check Answer All parts showing