Answered step by step
Verified Expert Solution
Link Copied!

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?
what is the return on assets?
return on invested capital with formulas please?
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
\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}

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

Financial Accounting Reporting Analysis And Decision Making

Authors: Shirley Carlon, Rosina Mladenovic Mcalpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong

5th Edition

0730313743, 978-0730313748

More Books

Students also viewed these Accounting questions

Question

Is there administrative support?

Answered: 1 week ago