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The following balance sheet information (in $ millions) comes from the Annual Report to Shareholders of Merry International Inc. for the 2021 fiscal year. The
The following balance sheet information (in $ millions) comes from the Annual Report to Shareholders of Merry International Inc. for the 2021 fiscal year. The following additional information from an analysis of Merry's financial position is available: Current ratio = 1.352484; Acid-test ratio=0.5771942; Debt to equity ratio = 7254730. Required: Compute the missing amounts in the balance sheet. (Enter your answers in millions of dollars. Round your intermediate and final answers to the nearest whole dollar.) $ 595 630 4.259 MERRY INTERNATIONAL INC. Balance Sheet At December 31, 2021 (S in millions) Assets Current assets Cash and cash equivalents Accounts and notes receivable Inventory Other Total current assets Property and equipment, net $ 1,577 Intangible assets, not Investments 430 Notes and other receivables.net 1,480 Other assets 1.407 Total long-term assets Total assets Liabilities and Shareholders' Equity Current liabilities Accounts payable Salarios payable Other payables Total current liabilities Long-term debt Other long-term liabilition 878 Total long-term liabilities Total liabilities Shareholders' equity $ 724 800 1,625 3,149 MERRY INTERNATIONAL INC. Balance Sheet At December 31, 2021 (5 in millions) Assets $ 595 630 4,259 Current assets Cash and cash equivalents Accounts and notes receivable Inventory Other Total current assets Property and equipment, net $ 1,577 Intangible assets, net Investments 430 Notes and other receivables, net 1,480 Other assets 1,407 Total long-term assets Total assets Liabilities and Shareholders' Equity Current liabilities Accounts payable Salaries payable Other payables Total current liabilities Long-term debt Other long-term liabilities 878 Total long-term liabilities Total liabilities Shareholders' equity Common stock 500 Additional paid-in capital 3,860 Retained earnings 3,570 Total shareholders' equity Total liabilities and shareholders' equity $ 724 800 1,625 3,149 7,930 13,683 $
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