Answered step by step
Verified Expert Solution
Question
1 Approved Answer
what is the return on equity? what is the return on assets? return on invested capital with formulas please? begin{tabular}{|l|r|r|r|r|} hline EQUITY & & &
what is the return on equity?
\begin{tabular}{|l|r|r|r|r|} \hline EQUITY & & & 3 & 3 \\ \hline Common Stock & 8,638 & 6,384 & 7,163 & 8,299 \\ \hline Additional Paid in Capital & 3,979 & 3,517 & 1,643 & (191) \\ \hline Retained Earnings & (213) & (92) & 231 & (56) \\ \hline Other Gains & 12,407 & 9,812 & 9,040 & 8,055 \\ \hline TOTAL EQUTTY & 23,259 & 22,536 & 23,717 & 31,342 \\ \hline TOTAL LIABILITIES \& EQL & & & & \\ \hline \end{tabular} INCOME STATEMENT ( S millions, except per share) \begin{tabular}{lrrrrr} & 2020 & 2021 & 2022 & 2023 \\ \hline Sales & 37,100 & 38,500 & 35,350 & 36,900 \\ \hline Cost of Goods Sold & 21,400 & 21,800 & 21,643 & 25,052 \\ \hline Gross Profit & 15,700 & 16,700 & 13,707 & 11,848 \\ \hline Selling, General, \& Administrative & 10,563 & 11,511 & 11,832 & 10,432 \\ \hline Operating Profit & 5,137 & 5,189 & 1,875 & 1,416 \\ \hline Interest Expense & 59 & 54 & 49 & 89 \\ \hline \begin{tabular}{l} Other Expense \\ Pretax Income \end{tabular} & (196) & 66 & (78) & 139 \\ \hline \begin{tabular}{l} Provision for Taxes \\ Net Inrnme \end{tabular} & 5,274 & 5,069 & 1,904 & 1,188 \\ \hline Sheet1 & 646 & 2,392 & 772 & 348 \\ \hline \end{tabular} is Accessibility: Good to go \begin{tabular}{|l|r|r|r|r|} \hline Gross Plant, Property \& Equipm & 7,958 & 8,891 & 9,469 & 12,758 \\ \hline Accumulated Depreciation & 3,969 & 4,437 & 4,725 & 4,795 \\ \hline Net Plant, Property \& Equipment & 3,989 & 4,454 & 4,744 & 7,963 \\ \hline Intangibles & 422 & 439 & 437 & 497 \\ \hline Other Assets & 2,787 & 2,509 & 2,011 & 2,326 \\ \hline TOTAL ASSETS & 23,259 & 22,536 & 23,717 & 31,342 \\ \hline & & & & \\ \hline LIABILITIES & 331 & 342 & 15 & 696 \\ \hline Long Term Debt Due in One Yea & 2,048 & 2,279 & 2,612 & 2,248 \\ \hline Accounts Payable & 280 & 374 & 463 & 358 \\ \hline Taxes Payable & 1,080 & 1,196 & 1,215 & 1,038 \\ \hline Accrued Expenses & 1,735 & 1,849 & 3,561 & 3,944 \\ \hline Other Current Liabilities & 5,474 & 6,040 & 7,866 & 8,284 \\ \hline Total Current Liabilities & & & & \\ \hline & 3,471 & 3,468 & 3,464 & 12,319 \\ \hline Long Term Debt & 1,907 & 3,216 & 3,347 & 2,684 \\ \hline Deferred Liabilities & 10,852 & 12,724 & 14,677 & 23,287 \\ \hline TOTAL LIABILITIES & & & \end{tabular} INCOME STATEMENT (\$ millions, except per share) \begin{tabular}{lrrrrr} & 2020 & 2021 & 2022 & 2023 \\ \hline Sales & & & & \\ \hline Cost of Goods Sold & 21,100 & 38,500 & 35,350 & 36,900 \\ \hline Gross Profit & 15,700 & 21,800 & 21,643 & 25,052 \\ \hline Selling, General, \& Administrative & 10,563 & 16,700 & 13,707 & 11,848 \\ \hline Operating Profit & 5,137 & 5,189 & 1,875 & 1,416 \\ \hline Interest Expense & 59 & 54 & 49 & 89 \\ \hline Other Expense & (196) & 66 & (78) & 139 \\ \hline Pretax Income & 5,274 & 5,069 & 1,904 & 1,188 \\ \hline Provision for Taxes & 646 & 2,392 & 772 & 348 \\ \hline Net Income & 4,628 & 2,677 & 1,132 & 840 \\ \hline EPS & 2.82 & & & \\ \hline \end{tabular} what is the return on assets?
return on invested capital with formulas please?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started