0 Microsoft's current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were abstracted from a rccent financial statement: Inventory Total assets Current ratio Acid-test ratio. Debt to equity ratic $190,000 $ 780,000 2.65 1.70 1.60 Required: Compute the shareholders' equity for Microsoft:
0 Microsoft's current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were abstracted from a rccent financial statement: Inventory Total assets Current ratio Acid-test ratio. Debt to equity ratic $190,000 $ 780,000 2.65 1.70 1.60 Required: Compute the shareholders' equity for Microsoft:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![gEnabled: Midterm exami
7:55
Microsoft's current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were
abstracted from a rccent financial statement:
Inventory
Total assets
Current ratio
Acid-test ratio
Debt to equity ratic
$ 190,000
$ 780,000
Shareholders' equity
2.65
1.70
1.60
Required:
Compute the shareholders' equity for Microsoft:
Saved](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F49998b2f-dfc5-4ac0-8a68-76d26faacbac%2Ffd587e7e-baa8-4853-83d9-63b4839dec09%2F7e9pcd5_processed.jpeg&w=3840&q=75)
Transcribed Image Text:gEnabled: Midterm exami
7:55
Microsoft's current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were
abstracted from a rccent financial statement:
Inventory
Total assets
Current ratio
Acid-test ratio
Debt to equity ratic
$ 190,000
$ 780,000
Shareholders' equity
2.65
1.70
1.60
Required:
Compute the shareholders' equity for Microsoft:
Saved
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