Question
The December 31, 2019, form 10-K for Xerox, Inc. is in link below. Please copy and paste to your browser to open. https://www.sec.gov/ix?doc=/Archives/edgar/data/108772/000177045020000012/xrx-123119x10xk.htm Use the
The December 31, 2019, form 10-K for Xerox, Inc. is in link below. Please copy and paste to your browser to open.
https://www.sec.gov/ix?doc=/Archives/edgar/data/108772/000177045020000012/xrx-123119x10xk.htm
Use the audited financial statements and footnotes from it to answer the following questions.
a)Summarize any loss contingencies Xerox reports.Explain what criteria they use to determine if they should record any of them. Indicate specifically where you found this information, i.e., what footnote number, what page or pages in the 10-K.
b)Calculate the company's Debt-Equity ratio as of 12/31/19 and 12/31/18.
c)Calculate the company's Debt-Assets ratio as of 12/31/19 and 12/31/18.
d)Summarize the company's intangible assets, i.e., what types do they have, how much is reported by the company, indicate each type that is amortizable, and indicate if any intangible assets were impaired in the past two years, and the amounts.
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