Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using this Balance sheet answer these 5 questions CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value)

Using this Balance sheet answer these 5 questions
image text in transcribed
image text in transcribed
image text in transcribed
CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) LIABILITIES AND SHAREHOLDERS' EQUITY: Current liabilities: \begin{tabular}{|c|c|c|c|c|} \hline Accounts payable & $ & 64,115 & $ & 54,763 \\ \hline Other current liabilities & & 60,845 & . & 47,493 \\ \hline Deferred revenue & & 7,912 & & 7,612 \\ \hline Commercial paper & & 9,982 & & 6,000 \\ \hline Term debt & & 11,128 & & 9,613 \\ \hline Total current liabilities & & 153,982 & & 125,481 \\ \hline \end{tabular} Non-current liabilities: Commitments and contingencies Shareholders' equity: Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares euthorized; 15,943,425 and 16,426,786 shares issued and outstanding, respectively Retained earnings/(Accumulated doficit) Accumulated other comprehensive income/(loss) Total shareholders' equity Total liabilities and shareholders' equity \begin{tabular}{|c|c|c|} \hline & 64,849 & 57,365 \\ \hline & (3,068) & 5,562 \\ \hline & (11,109) & 163 \\ \hline & 50,672 & 63,090 \\ \hline$ & 352,755 & 351,002 \\ \hline \end{tabular} What current liabilities are assumed by your company? Under which classification are deferred taxes found? What temporary differences caused the creation of the deferred tax accounts? What are the terms and sources of your company's long-term liabilities? Analyze your company's commitments \& contingencies

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

16.8 Explain the typical steps in a grievance procedure.

Answered: 1 week ago

Question

16.4 Outline the five steps in the labour relations process.

Answered: 1 week ago