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
Section: Chapter Questions
Problem 1PS
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Question

Transcribed Image Text:Wnat Is the cashcoverage ratlo for 2017?
Mutiple Choice
303 umes,
437 tmes
2067 6mac
6720mok

Transcribed Image Text:2017 Incone Statenent
($in nillions)
Net sales
Cost of goods sold
Deprecistion
Earnings before interest and taxes
Interest poi
Taxable incone
Taxes
$10,200
8,050
420
$ 1,730
104
$ 1,626
Net Sncone
$ 1,057
uindswept, Inc.
2016 and 2o17 Balance Sheets
($ in millions)
2017
2016
2016
2012
Cash
$290 $ 328
1,150
1,820
$3,260 $3,155
3,598
Accounts payoble
Long-term debt
Conmon stock
Retained earnings
Accounts réc,
oso't
1,785
1,090 1,403
Inventory
Tetal
Net (Sxed assets
3,400,
3,050
670
920
4,120
Total assets
$6,850 $7,275
Total liab. & equity
$6,850 $7,275
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