How much was the equity of Anglo American PLC worth ? General accounting The 2007 annual report for Anglo American PLC,the world's leading global mining company, showsthat the firm had $34.042 billion in non-currentassets and $9.962 billion in current assets. Itreported $11.480 billion in current liabilities and$8.665 billion in non-current liabilities. How muchI was the equity of Anglo American PLC worth?

Step 1: Define Total EquityWe can determine the total stockholders equity using the balance sheet…

Answered: The 2007 annual report for Anglo…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

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ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

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The 2019 annual report for Anglo-American PLC, the world's leading global mining company, shows that the firm had $41.065 billion in non-current assets and $11.670 billion in current assets. It reported $13.120 billion in current liabilities and $9.442 billion in non-current liabilities. How much was the equity of Anglo-American PLC worth? Tutor, please provide step by step correct solution to this financial accounting problem.
A company has $6 billion of net income, $2 billion of depreciationand amortization, $80 billion of common equity, and 1 billionshares of stock. If its stock price is $96 per share, what is its price/earnings ratio? (16) Its price/cash flow ratio? (12) Its market/bookratio? (1.2)
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Based on the corporate valuation model, the value of Macro Co.'s operations is $1.35 billion. The company's balance sheet shows $90 million in accounts receivable, $70 million in inventory, and $175 million in short-term investments that are unrelated to operations. The balance sheet also shows $85 million in accounts payable, $125 million in notes payable, $315 million in long-term debt, $55 million in preferred stock, $182 million in retained earnings, and $803 million in total common equity. If Macro has 40 million shares of stock outstanding, what is the best estimate of the stock's price per share? O $29.75 O $28.00 O $25.75 O $27.50 $23.63

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