WorldCom

Common Size Balance Sheet

2000 2001

$ $

Assets

Current Assets:

Cash & Cash Equivalents $761 $1,416

Accounts Receivable $6,815 $5,308

Deferred Tax Asset $172 $251

Other Current Assets $2,007 $2,230

Total Current Assets $9,755 $9,205

Property & Equipment $37,423 $8,809

Goodwill & Other Assets $46,594 $50,537

Other Assets $5,131 $5,363

Total Assets $98,903 $103,914

Liabilities & Shareholders' Investments

Short Term Debt $7,200 $172

Accrued Interest $446 $618

Accounts Payable $6,022 $4,844

Other Current Liabilities $4,005 $3,576

Total Current Liabilities $17,673 $9,210

Long Term Liabilities

Long Term Debts $17,696 $30,038

Deferred Tax Liability $3,611 $4,066

Other Liabilities $1,124 $576

Total Long Term Liabilities $22,431 $34,680

Commitments & Contingencies

Minority Interest $2,592 $101

Contingencies $798 $1,993

Shareholder's Investment $55,409 $57,930

Total Liabilities $98,903 $103,914

WorldCom

Common Size Income Statement

2000 2001

$ $

Revenues

Operating Expenses

Line Cost $15,462 $14,739

Selling, General & Administrative $10,597 $11,046

Depreciation $4,878 $5,880

Total Revenue $30,937 $31,665

Operating Income $8,153 $3,514

Other Expenses/Income

Interest Expenses ($970) ($1,533)

Miscellaneous Expense $385 $412

Income before Income Tax

Minority Interest $7,568 $2,393

Provision for Tax $3,025 $927

Income before Minority Income Tax $4,543 $1,466

Minority Interest ($305) $35

Effect of Alcing Change ($85)

Net Income $4,153 $1,501

Using formulas, compute the following ratios: gross margin percent, return on sales, return on assets, return on equity, total asset turnover, accounts receivable turnover, accounts receivable days, debt to assets, equity to assets, debt to equity, equity multiplier, current ratio, acid test, net working capital, book value per share, earnings per share, and price earnings. Please show formulas.

Total revenue is in the income stmt.