Calculate the following financial ratios for The Boeing Company. If not Applicable write N/A: Return on Shareholders’ Equity Return on Assets Return on Sales Gross profit margin ratio Receivable Turnover Receivable Ratio Period Inventory Turnover Inventory-on-hand period Asset Turnover Cash and marketable securities to total assets Quick ratio Current ratio Accounts payable turnover Days’ payable turnover Financial leverage Long-term debt to shareholders’ equity Interest coverage ratio
Calculate the following financial ratios for The Boeing Company. If not Applicable write N/A: Return on Shareholders’ Equity Return on Assets Return on Sales Gross profit margin ratio Receivable Turnover Receivable Ratio Period Inventory Turnover Inventory-on-hand period Asset Turnover Cash and marketable securities to total assets Quick ratio Current ratio Accounts payable turnover Days’ payable turnover Financial leverage Long-term debt to shareholders’ equity Interest coverage ratio
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Calculate the following financial ratios for The Boeing Company. If not Applicable write N/A:
Return on Shareholders’ Equity
Return on Assets
Return on Sales
Gross profit margin ratio
Receivable Turnover
Receivable Ratio Period
Inventory Turnover
Inventory-on-hand period
Asset Turnover
Cash and marketable securities to total assets
Quick ratio
Accounts payable turnover
Days’ payable turnover
Financial leverage
Long-term debt to shareholders’ equity
Interest coverage ratio
![(amounts in millions)
2018
2017
Balance sheet
Cash and cash equivalents. .
$ 7,637
$ 8,813
1,179
11,088
Marketable securities
927
Accounts receivable (net)
Inventory....
Total current assets
13,904
62,567
87,830
61,388
85,194
Total assets. . . ..
Current portion of long-term debt .
Total current liabilities..
Long-term debt . ..
Shareholders' equity.
117,359
112,362
2,690
81,590
435
74,468
8,501
8,021
410
1,713
Income statement
Net sales..
Cost of goods sold
Interest expense
$101,127
81,421
$ 94,005
76,542
475
360
Net income before taxes.
11,604
10,107
Net income
10,460
8,458](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F187f6f5f-1509-4cc2-96ec-4ed4b80dfce8%2F9ae29d02-e423-4d50-aef6-3ef9f440cb91%2Fuq7ezdu_processed.jpeg&w=3840&q=75)
Transcribed Image Text:(amounts in millions)
2018
2017
Balance sheet
Cash and cash equivalents. .
$ 7,637
$ 8,813
1,179
11,088
Marketable securities
927
Accounts receivable (net)
Inventory....
Total current assets
13,904
62,567
87,830
61,388
85,194
Total assets. . . ..
Current portion of long-term debt .
Total current liabilities..
Long-term debt . ..
Shareholders' equity.
117,359
112,362
2,690
81,590
435
74,468
8,501
8,021
410
1,713
Income statement
Net sales..
Cost of goods sold
Interest expense
$101,127
81,421
$ 94,005
76,542
475
360
Net income before taxes.
11,604
10,107
Net income
10,460
8,458
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education