The Liabilities and stockholder's equity statement of the GLOBE Corporation for two years, is shown below, use this statement to calculate each of the following: Liabilities and Stockholders' Equity 2019 2020 Current Liabilities 25.5 23.3 Accounts payable Notes payable/short-term debt Current maturities of long-term debt Other current liabilities 2.2 2 9.4 8.9 1.5 Total current liabilities Long-Term Liabilities Long-term debt Capital lease obligations Total debt 56.2 51.2 1.15 1.1 Deferred taxes 3.1 Other long-term liabilities Total long-term liabilities Total Liabilities 0,7 0.65 Stockholders' Equity 22.1 21.5 Total Liabilities and Stockholders' Equity Calculate total liabilities and stockholder's equity in 2020. 175.85 O 165.85 155.85

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
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The Liabilities and stockholder's equity statement of the GLOBE Corporation for two years, is shown below, use this statement to
calculate each of the following:
Liabilities and Stockholders' Equity
2019
2020
Current Liabilities
25.5
Accounts payable
Notes payable/short-term debt
Current maturities of long-term debt
Other current liabilities
Total current liabilities
23.3
2.2
9.4
8.9
1.5
Long-Term Liabilities
Long-term debt
Capital lease obligations
Total debt
56.2
51.2
1.15
1.1
Deferred taxes
3.1
Other long-term liabilities
Total long-term liabilities
Total Liabilities
0,7
0.65
Stockholders' Equity
22.1
21.5
Total Liabilities
and Stockholders' Equity
Calculate total liabilities and stockholder's equity in 2020.
175.85
165.85
O 155.85
Transcribed Image Text:The Liabilities and stockholder's equity statement of the GLOBE Corporation for two years, is shown below, use this statement to calculate each of the following: Liabilities and Stockholders' Equity 2019 2020 Current Liabilities 25.5 Accounts payable Notes payable/short-term debt Current maturities of long-term debt Other current liabilities Total current liabilities 23.3 2.2 9.4 8.9 1.5 Long-Term Liabilities Long-term debt Capital lease obligations Total debt 56.2 51.2 1.15 1.1 Deferred taxes 3.1 Other long-term liabilities Total long-term liabilities Total Liabilities 0,7 0.65 Stockholders' Equity 22.1 21.5 Total Liabilities and Stockholders' Equity Calculate total liabilities and stockholder's equity in 2020. 175.85 165.85 O 155.85
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