Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the total asset turnover for fiscal year 1 and 2 ? in rndjons exce 012220033 If you enter an invalid value for message

image text in transcribed
What is the total asset turnover for fiscal year 1 and 2?
image text in transcribed

in rndjons exce 012220033 If you enter an invalid value for message in this box. If there is Please enter your student ID and press "Enter Please enter your name and press "Enter 13.8% 25.8% 25.8% 25.8% 23.9% 17 21 26 27 31 41 47 51 57 61 Ad Ca ASSETS Current Assets: Cash & cash equivalents Marketable sec urities Accounts receivable net I nventory Deferred costs Prepaid expenses Other c urrent assets Tota I Current Assets Lotwterm Assets: Property , pla nt. & equipment Less accumulated depreciation Property, plant, & equipment net Operating right of use (net) Long-term financing receivables Prepaid pension assets Deferred costs Deferred taxes Goodwill I ntangible assets (net) I nvestments& sund assets Total L -term Assets Total Assets LIABILITIES&E UITY Current Liabilities: Taxes Short-term debt Accounts payable Compensation & benefits Deferred income Operating lease liabilities t r share amounts FBcalYear 1 FBcalYear2 Tiara McMillan All $ in millions except per share amounts Category INCOME: Product & services income Retums & adjustments Cost of product & services income Gross Profit from Product & Services Intellectual property income Other income Total Income EXPENSES: Sales, general, & administrative Research, development, & engineering Interest expense (net) Other expenses Total Expenses Net income before income taxes Income taxes Net I ncome Eamings (loss) per share of common stock Weighted average number of shares of common stock outstanding Fiscal Year 1 $76,708 -$1,151 -$39,121 $36,436 $7,700 $5,900 $50,036 $17,834 $6,604 $1,247 $4,057 $29,742 $20,294 $3,653 $16,641 $19 Fiscal Year 2 $90,515 -$1,358 -$46,163 $42,995 $10,010 $6,372 $59,377 $19,974 $7,793 $1,621 $4,463 $33,851 $25,526 $4,595 $20,932 $23 was entered s % Change 18.0% 18.0% 18.0% 18.0% 30.0% 8.0% 18.7% 12.0% 18.0% 30.0% 10.0% 1.5% Other accrued ex nses& liabilities Total Current L labilities Lorwterm Liabilities: Long-term debt Retirement & non pension obligations Deferred income Operating lease liabiluities Other b -term liabilities Total L -term Liabitties Total L iabilities Equity: Common stock par value & paid inca Shares authorized 4,687SOODOO Shares issued Year $6,640 12D27 $7D37 12,266 7,643 943 $28,613 13,352 15,261 $5,223 $564 $1,034 $6D76 $54585 11,503 1 31 104 152132 $2,626 $4,126 $5329 9555 12,271 $1,179 10009 9564 $3,192 $2,384 $7,636 $7,741 11398 $1,236 $32,905 $15355 17550 $3,266 $5589 $6,761 $1D86 $6,198 $57360 11,963 1 58 111 30 162 680 $3D99 $4,126 $6D62 $3,733 13,621 $1,262 70 72 $9,709 $9D86 $3,667 $2,551 7 7 Shares issued Year 2 Retained Earni s Total Stoc khoiders E Total L iabilities& Equ 24 3 76 79 79 74 53 11 7 9 90 5 9 1 31 152 132 162 680 15. 8. 10. -3. 20. 12. 5. 15. 15. 15. 10. 7. 3. 5. 2. 6. 4. 2. 6. 18. o. 4. 5. 11. 7. 6, 7.6 -3. -5. 5. 7. -8. -3. 1.6 15. 9.1 11.6 6.

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

Intermediate Algebra

Authors: Margaret Lial, John Hornsby, Terry McGinnis

13th Edition

0134895983, 978-0134895987

More Books

Students also viewed these Accounting questions

Question

Discuss the role of electronic media in communication.

Answered: 1 week ago