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:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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