The total assets and total liabilities (in millions) of Keurig Green Mountain, Inc. and Starbucks Corporation follow: Assets Keurig Green Mountain Starbucks $5,050 Liabilities $1,758 $13,460 $7,328 Determine the owners' equity of each company.
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- The total assets and total liabilities (in millions) of Dollar Tree Inc. and Target Corporation follow: Determine the owners equity of each company.The total assets and total liabilities (in millions) of McDonald’s Corporation (MCD) and Star-bucks Corporation (SBUX) follow: McDonalds StarBucks Assets $ 37,939 $ 14,330 Liablilities 30,851 8,446 Determine the stockholders’ equity of each company.Data from the financial statements of Naranjo Co. and Jablonsky, Inc. are presented below (in millions): Naranjo Co. Total liabilities, Year 20 Total liabilities, Year 1 Total assets, Year 2 Total assets, Year 1 Net Sales, Year 2 Net income, Year 2 Select one: O O $70,914 72,208 100,372 94,114 306,932 280 To the nearest hundredth, what is the Year 2 debt-to-total assets ratio for Jablonsky, Inc.? A. 0.21 B. 0.64 C. 4.96 D. 4.69 Jablonsky, Inc. $47,422 60,092 73,744 70,416 163,040 1,572
- Campbell 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. $3,000,000Accounting Equation The total assets and total liabilities (in millions) of ThriftShop, Inc. and Bullseye Corporation follow: ThriftShop Bullseye Assets $17,829 $24,426 Liabilities 3,388 1,954 Determine the stockholders' equity of each company. ThriftShop's stockholders' equity million Bullseye's stockholders' equity million %24Accounting Equation The total assets and total liabilities (in millions) of Dollar Tree Inc. (DLTR) and Target Corporation (TGT) follow: Dollar Tree Target Assets $15,901 $40,262 Liabilities 11,494 27,305 Determine the stockholders' equity of each company. Dollar Tree's stockholders' equity million Target's stockholders' equity million %24
- 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?The following information pertains to Austin, Incorporated and Huston Company. Account Title Austin Huston Current assets $ 90,000 $ 87,500 Total assets 320,000 680,000 Current liabilities 29,250 43,750 Total liabilities 210,000 530,000 Stockholders’ equity 290,000 150,000 Interest expense 17,800 21,200 Income tax expense 35,600 30,800 Net income 90,000 93,700 Requireda-1. Compute each company’s debt-to-assets ratio, current ratio, and times interest earned (EBIT must be computed).a-2. Which company has the greater financial risk?b. Compute each company’s return-on-equity ratio and return-on-assets ratio. Use EBIT instead of net income when computing the return-on-assets ratio.The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet as of December 31, 2021 (millions of dollars) Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets EBIT Interest EBT Taxes (25%) Net Income $ Common dividends paid Earnings per share Liabilities and Equity 20 Accounts payable 525 Accruals 850 Notes payable $ 1,395 2,525 Davidson Corporation: Income Statement for Year Ending December 31, 2021 (millions of dollars) Total current liabilities Long-term bonds Total liabilities Common stock (100 million shares) Retained earnings Common equity $ 3,920 Total llabilities and equity Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization $ Shares Common Stock $ $ $ $ 130 280 230 640 1,500 $ 2,140 280 $ 5,750 4,440 $ 1,310 240 $ 1,070 190 880 220 660 $ $ $ a. Construct the statement of stockholders' equity for December 31,…
- Malibu Inc. reported the following (in millions) on its year-end balance sheet: Total liabilities $4,086. Total shareholders’ equity $2,528.2 What proportion of Malibu Inc. is financed by nonowners? a. 38.2% b. 61.9% c. 61.8% d. 78.6%The following are taken from the financial statements of Curry Company as of December 2021. Assets: Cash 341,600 Account Receivable 200,000 Inventory 308,400 Property, Plant, Equipment 500,000 Liabilities: Notes payable 280,000 Accounts Payable 781,700 Bonds payable 2,000,000 6. What is the company's current ratio? a. 0.80 b. 0.51 c. 0.21 d. 3.03 7. What is the company's quick ratio? a. 0.51 b. 0.80 c. 1.93 d. 0.32The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet as of December 31, 2018 (Millions of Dollars) Assets Liabilities and Equity Cash and equivalents $ 15 Accounts payable $ 100 Accounts receivable 515 Accruals 220 Inventories 830 Notes payable 230 Total current assets $ 1,360 Total current liabilities $ 550 Net plant and equipment 2,550 Long-term bonds 1,500 Total liabilities $ 2,050 Common stock (100 million shares) 260 Retained earnings $ 1,600 Common equity $ 1,860 Total assets $ 3,910 Total liabilities and equity $ 3,910 Davidson Corporation: Income Statement for Year Ending December 31, 2018 (Millions of Dollars) Sales $ 6,000 Operating costs excluding depreciation and amortization 3,780 EBITDA $ 2,220 Depreciation and amortization 420 EBIT $ 1,800 Interest 164 EBT $ 1,636 Taxes…