Question
the following balance sheet information ( in millions)comes from the Annual Report to Shareholders of Hotel California for the 2013 fiscal year. (certain amounts have
the following balance sheet information ( in millions)comes from the Annual Report to Shareholders of Hotel California for the 2013 fiscal year. (certain amounts have been replaced with question marks to test your understinding of balance sheets). In addiditon, you're provided with the following information from an analysis of Hotel Californian's financial position at the same date: Current ratio = 1.440584, Acud-test ratio= 01.489143, Debt-to-equity ration = 3.040706. compute the missing amounts(rounded to the nearest $ in millions)in the Hotel California balance sheet.
Assets:
Cash and equivalents $565
Accounts and notes receivable ?
Inventory ?
Other $175
Total current assets ?
Property and equipment, net $1443
Intangible assets, net ?
Investments $596
Notes and other receivables, net $988
Other $973
Total non-current assests ?
Total assets $8,934
Liabilityies and Shareholders' Equity
Current liabilities
AP $854
Accrued payroll and benefits ?
Other payables and accruals $996
Total current liablilities $2,533
Long-term debt ?
other lon-term liabilities $1,915
Total long-term liablilities ?
Total liablilities ?
Shareholders' equity
Common Stock $1,136
Additional paid in capital $3,490
Retained Earnings $3,265
Reasury stock and other (-$5,680)
Total shareholders' equity $2,211
Total liabilities and shareholders' equity $?
Please show work for answers.
Thank You
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