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 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.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. $3,000,000Quantum Moving Company has the following data. Industry information also is shown. Company data Year 20X1 20X2 20X3 Year 20X1 20X2 20X3 Net Income $ 351,000 380,000 433,000 Company Data Debt $ 1,709,000 1,826,000 1,960,000 Net income/Total assets Debt/Total assets Total Assets $ 2,826,000 3, 231,000 3,753,000 Total Assets $ 2,826,000 3,231,000 3,753,000 Net income/Total assets Debt/Total assets a. Calculate the company's data in terms of: Note: Input your answers as a percent rounded to 1 decimal place. 20X1 % Industry Data on Debt/Total Assets Praise Criticize Praise/Criticize Industry Data on Net Income/Total Assets 10.0% 8.3 4.7 20X2 % % 55.4% 47.0 32.0 b. As an industry analyst comparing the firm to the industry, are you likely to praise or criticize the firm in terms of: 20X3 % %
- The following information was drawn from the accounting records of Jones Company. (Round your ans Net sales $361,290 Net income 56,000 Average total assets 530,000 Average total liabilities Average total stockholders' equity 330,000 215,000 Based on this information the company's asset turnover is Multiple Choice $0.68 of sales dollars per $1 of assets. $1.55 of sales dollars per $1 of assets. $1.06 of sales dollars per $1 of assets. MacBook Ain 80 DII F2 F3 F4 F5 F6 F7 F8 2$ 5 CO CO 13Altura Corporation's total liabilities are $385,000, and its equity is $742,000. What are the total assets? A. $1,127,000 B. $1,300,000 C. $ 1,234,000The 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 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. 0.32RaghubhaiThe Davidson Corporation’s balance sheet and income statementare given here:Davidson Corporation: Balance Sheet as of December 31, 2005(Millions of Dollars)Assets Liabilities and EquityCash and equivalents $ 15 Accounts payable $ 120Accounts receivable 515 Notes payable 220Inventories 880 Accruals 280Total current assets $1,410 Total current liabilities $ 620Net plant and equipment 2,590 Long-term bonds 1,520Total debt $2,140Common stock(100 million shares) 260Retained earnings 1,600Common equity $1,860Total assets $4,000 Total liabilities and equity $4,000Davidson Corporation: Income Statement for Year Ending December 31, 2005(Millions of Dollars)Sales $6,250Operating costs excluding depreciation and amortization 5,230EBITDA $1,020Depreciation and amortization 220EBIT $ 800Interest 180EBT $ 620Taxes (40%) 248Net income $ 372Common dividends paid $ 146Earnings per share $ 3.72a. All revenues were received in cash during the year and all costs except depreciationand amortization were…
- Based on the following information from Schrute Company's balance sheet, calculate the current ratio. Current assets $ 147,000 62,000 Plant assets 450,000 Current liabilities 59,000 Long-term liabilities 110,000 A. Schrute, Capital 490,000 Investments 0.40. 3.54. 2.49. 1.24. 3.90.Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as follows: ($ in millions) ACME Corporation Wayne Enterprises Current assets: Cash and cash equivalents $519 $185 Current investments 7 461 Net receivables 618 106 Inventory 10, 645 7,609 Other current assets 1,251 155 Total current assets $13,040 $8,516 Current liabilities: Current debt $7,621 $4,464 Accounts payable 1,707 961 Other current liabilities 1, 148 2,552 Total current liabilities $10,476 $7,977 Required: 1-a. Calculate the current ratio for ACME Corporation and Wayne Enterprises. 1-b. Which company has the more favorable ratio? 2-a. Calculate the acid-test (quick) ratio for ACME Corporation and Wayne Enterprises. 2-b. Which company has the more favorable ratio?The balance sheet for Fanning Corporation follows: $ 246,000 764,000 Current assets Long-term assets (net) Total assets $1,010,000 $ 149,000 452,000 601,000 409,000 Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equity $1,010,000 Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio Debt-to-assets ratio % Debt-to-equity ratio < Prev 5 of 6 MacE