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What does this chart tell you in regards to Ebay having in current assets for every $1.00 in current liabilities? (Please be detailed as possible)
What does this chart tell you in regards to Ebay having in current assets for every $1.00 in current liabilities? (Please be detailed as possible)
How could they liquidify assets?
$ in millions | 2016 | 2015 | 2014 |
Current Assets | $8,875 | $7,904 | $26,531 |
Current Liabilities | $3,847 | $2,263 | $17,531 |
Current Ratio = Current Assets/ Current Liabilities | 2.31 | 3.49 | 1.51 |
Total cash (Cash and cash equivalents + short term investments) | $7,149 | $6,131 | $10,098 |
Receivables | $592 | $619 | $14,942 |
Quick Ratio (acid- test ratio) = (Total Cash + Receivables)/ Current Liabilities | 2.01 | 2.98 | 1.43 |
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