Constructing and Analyzing Balance Sheet Amounts from Incomplete Data Selected balance sheet amounts for 3M Company, a manufacturer of consumer and business products, for three recent years follow. (a) Compute the missing balance sheet amounts for each of the three years shown. Current Long-term Total Current Long-term Total Assets Assets Assets Liabilities Liabilities Liabilities $36,500 $ ($ millions) 2018 2017 2016 $19,709 $ 14,277 23,710 21,180 32,906 7,687 6,219 $19,408 $26,652 18,678 16,344 22,563 Stockholders' Equity $9,848 11,622

Constructing and Analyzing Balance Sheet Amounts from Incomplete Data Selected balance sheet amounts for 3M Company, a manufacturer of consumer and business products, for three recent years follow. (a) Compute the missing balance sheet amounts for each of the three years shown. Current Long-term Total Current Long-term Total Assets Assets Assets Liabilities Liabilities Liabilities $36,500 $ ($ millions) 2018 2017 2016 $19,709 $ 14,277 23,710 21,180 32,906 7,687 6,219 $19,408 $26,652 18,678 16,344 22,563 Stockholders' Equity $9,848 11,622

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 19P

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