Calculate return on equity for 2018 and 2019 (stockholders’ equity for 2017 was $134,047 million).
Calculate return on equity for 2018 and 2019 (stockholders’ equity for 2017 was $134,047 million).
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Calculate return on equity for 2018 and 2019 (

Transcribed Image Text:Current assets:
Cash and cash equivalents
Marketable securities
Accounts receivable, net
Inventories
Vendor non-trade receivables
Other current assets
Total current assets.
Non-current assets:
Marketable securities
Property, plant and equipment, net
Other non-current assets
Total non-current assets
Total assets
Current liabilities:
Accounts payable
Other current liabilities
Deferred revenue
Commercial paper
Term debt
Total current liabilities
Non-current liabilities:
Term debt
Other non-current liabilities
Total non-current liabilities
Total liabilities
LIABILITIES AND SHAREHOLDERS' EQUITY:
$
$
48,844
51,713
22,926
4,106
22,878
12,352
162,819
105,341
37,378
32,978
175,697
338,516
46,236
37,720
5,522
5,980
10,260
105,718
91,807
50,503
142,310
248,028
$
$
$
25,913
40,388
23,186
3,956
25,809
12,087
131,339
170,799
41,304
22,283
234,386
365,725
55.888
33,327
5.966
11,964
8,784
115,929
93,735
48.914
142,649
258,578

Transcribed Image Text:Shareholders' equity:
Common stock and additional paid-in capital, $0.00001 par value: 12,600,000 shares authorized; 4,443,236 and 4,754,986 shares issued and outstanding, respectively
Retained earnings
Accumulated other comprehensive income/(loss)
Total shareholders' equity
Total liabilities and shareholders' equity
Total shareholders' equity, beginning balances
Common stock and additional paid-in capital:
Beginning balances
Common stock issued
Common stock withheld related to net share settlement of equity awards
Share-based compensation
Tax benefit from equity awards, including transfer pricing adjustments
Ending balances
Retained earnings:
Beginning balances
Net income
Dividends and dividend equivalents declared
Common stock withheld related to net share settlement of equity awards
Common stock repurchased
Cumulative effects of changes in accounting principles
S
September 28,
2019
107,147
$
40,201
781
(2,002)
6,194
45,174
70,400
55,256
(14,129)
(1,029)
(67,101)
2,501
S
Years ended
September 29,
2018
45,174
45,898
(584)
90,488
338,516
134,047
35,867
669
(1,778)
5,443
40,201
98,330
59.531
(13,735)
(948)
(73,056)
278
$
$
September 30,
2017
40,201
70,400
(3,454)
107,147
365.725
128,249
SLAALA
31.251
555
(1,468)
4,909
620
35,867
96,364
48,351
(12,803)
(581)
(33,001)
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