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This assignment is based on the 10-k for the year ended December 31, 2021 for Uber Technologies, Inc. You can obtain Ubers 10-K from its
This assignment is based on the 10-k for the year ended December 31, 2021 for Uber Technologies, Inc. You can obtain Ubers 10-K from its corporate web site at Uber Technologies, Inc. - Financials. You can also use the SEC's Edgar web site at UBER 2021 10K. Unless otherwise indicated, all questions relate to the current annual financial statements. 1. A required disclosure for long-term debt is how much principle will be paid in each of the following five years. Uber discloses this in Note 8. What are the annual maturities of debt for each of these years/ categories? Year Amount 2022 2023 2024 2025 2026 Thereafter 2. Compute the following ratios by entering the amounts indicated in the table below for 2020 and 2021. These ratios are discussed in chapter 14 beginning on page 788. 2020 2021 Ratio: Numerator Denominator Ratio Numerator Denominator Ratio Debt to equity Return on assets Times Interest earned + 3. Based on your analysis of these four ratios, did Uber's uber's debt coverage improve in the current year? Please do not indicate whether the number computed increased or decreased but interpret what change in the ratios indicates about Uber's debt
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