Do the following: (1) Assign a formula to (1) Tot. current assets, (2) Net fixed assets, (3) Total assets (2) Do the same to other cells if they are calculated. This can vary depending on YOUR financial statements
Do the following: (1) Assign a formula to (1) Tot. current assets, (2) Net fixed assets, (3) Total assets (2) Do the same to other cells if they are calculated. This can vary depending on YOUR financial statements
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Transcribed Image Text:Balance Sheet: Assets (Millions of Dollars)
Assets (million $)
Cash
S-T investment
Accounts receivable
Inventories
Total current assets (CA)
Gross fixed assets (FA)
Less: Depreciation
Net FA
Total assets
Liabilities and Equity (million $)
Accounts payable (A/P)
Notes payable
Accruals
Total current liabilities (CL)
Long-term dept
Total liabilities
Common Stock
Retained earnings
Total equity
Total L&E
X
X
X
X
xx
X
2038
80
120
420
600
4000
1000
2038
340
50
300
800
1200
1730
X
X
X
XX
2039
70
20
540
800
4820
1320
2039
440
250
340
1100
1200
1910
Transcribed Image Text:Do the following:
(1) Assign a formula to (1) Tot. current assets, (2) Net fixed assets, (3) Total assets
(2) Do the same to other cells if they are calculated. This can vary depending on YOUR financial statements
FIN
CF and Toves Last Namo vlex (sheet name:
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