The total assets and total liabilities (in millions) of Keurig Green Mountain, Inc. and Starbucks Corporation follow: Assets Keurig Green Mountain Starbucks $4,002 Liabilities 1,288 $12,446 6,628 Determine the owners' equity of each company.
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- Selected financial data for these two close competitors in the home building industry are provided below: ($ in millions) Company A Company B Total assets $40,930 $33,000 Total liabilities 21,500 13,990 Total stockholders' equity 19,430 19,010 Sales $66,174 $47,240 Interest expense 700 350 Tax expense 1,390 1,070 Net income 2,610 1,790 1-a. Calculate the debt to equity ratio for Company A and Company B. (Round your answers to 2 decimal places.) Debt to Equity Ratio Company A Company B 1-b. Which company has the higher ratio? Company A Company B 2-a. Calculate the times interest earned ratio for Company A and Company B. (Round your answers to 1 decimal place.) Time Interest Earned Ratio Company A times Company B times 2-b. Which company is better able to meet interest payments as they become due? Company A Company BCampbell Company has current assets of $10 million of which $3,000,000 are accounts receivable. Its current liabilities total $7 million of which $2,000,000 are accounts payable and $500,000 are wages payable. Campbell's net credit is: a. $2,500,000. O b. $1,000,000. Oc. $500,000. d. $3,000,000Please help me with show all calculation thanku
- Orange Co. has liabilities of $395,000 and assets of S524,000. What percentage of the company's assets are financed by the owner's equity?How much is the amount of its total assetsPhelps Corporation owns all of the common stock of Stern Company. Each company maintains its own accounting records and prepares separate financial statements. Balance sheets for each company as of December 31, 20Y8, are as follows: Line Item Description PhelpsCorporation SternCompany Assets Cash 30,500 20,500 Accounts Receivable 29,100 20,000 Inventory 80,000 35,250 Investment in Stern Company 85,750 — Other assets 300,000 40,000 Total assets 525,350 115,750 Liabilities and Stockholders’ Equity Accounts Payable 80,000 30,000 Common Stock 300,000 50,000 Retained Earnings 145,350 35,750 Total liabilities and stockholders’ equity 525,350 115,750 Prepare a December 31, 20Y8, consolidated balance for Phelps Corporation and Subsidiary.
- As of December 31, 2018, Sadaf Oman Company reported assets of RO 3,700,000, share capital of RO 990,000 and retained earnings of RO 1,600,000. Total liabilities reported on the statement of financial position as of December 31, 2018 is Select one O a RO 1,100,000. Ob RO 1350,00. OC RO 1,110000. O d. RO 1,240,000.REQUIRED: How much is the amount of its total assets?Company ZYX has the following financial information: Current Assets: $500,000 Current Liabilities: $250,000 Calculate the current ratio for Company ZYX based on the given information.
- Dallas and associates Total assets of $2.5 million Net plant and equipment equals $2 million notes payable $150000 Long term debt of $710000 Common total equity of $1.5 million The firm also has accounts payable and accruals of $100000 on its balance sheet What is the company’s total debt?Assuming a business entity has a total asset of 25,000,000 its total liabilities is 1/3 of the said amount. How much is the equity? 16,000,000,00 16,666,666.67 13,333,333.33 13,000,000.00Please help me