Motorola is a global leader in providing integrated communications and electronic solutions for businesses. Its financial statements

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Motorola is a global leader in providing integrated communications and electronic solutions for businesses.

Its financial statements reported the following at year-end (in millions): image text in transcribed

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Compute the financial leverage percentage. Was it positive or negative?

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Financial Accounting

ISBN: 9780070891739

1st Canadian Edition

Authors: Robert Libby

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Question Posted: Jul 03, 2024 10:11 AM

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Motorola is a global leader in providing integrated communications and electronic solutions for businesses. Its financial statements

Question:

Total assets $28,728 Total debt (average 8% interest) 16,506 Net income (average tax rate 30%) 1,180

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Financial Accounting

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