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Selected balance sheet and income statement information for Oracle Corporation follows. (Perform the required computations from the perspective of an Oracle shareholder. $ millions May
Selected balance sheet and income statement information for Oracle Corporation follows. (Perform the required computations from the perspective of an Oracle shareholder.
$ millions | May 31, 2015 | May 31, 2014 |
---|---|---|
Operating assets | $62,090 | $57,002 |
Nonoperating assets | 54,368 | 38,819 |
Total assets | 116,458 | 95,821 |
Operating liabilities | 20,180 | 19,055 |
Nonoperating liabilities | 41,958 | 24,097 |
Total liabilities | 62,138 | 43,152 |
Total Oracle stockholders' equity | 54,320 | 52,669 |
Total revenues | 38,559 | |
Operating income before tax | 13,993 | |
Nonoperating expense before tax | 1,037 | |
Tax expense | 3,498 | |
Net income | 9,458 |
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