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What is the financial performance summary for this balance sheet? BALANCE SHEET   INCOME STATEMENT ($ in millions)   ($ in millions)               ASSETS     LIABILITIES     Revenue  28,681.10  Cash & Marketable Securities  449.90    Accounts Payable  1,611.20    Cost Of Goods Sold  20,768.80  Accounts Receivable  954.80    Salaries Payable  225.20      Gross Profit  7,912.30  Inventories  3,645.20    Other Current Liabilities  1,118.80        Other Current Assets  116.60    Total Current Liabilities  2,955.20    Operating Expenses:     Total Current Assets  5,166.50        Selling, General & Admin.  5,980.80        Other Liabilities  693.40    Depreciation  307.30  Machinery & Equipment  1,688.90          Operating income  1,624.20  Land  1,129.70      Total Liabilities  3,648.60        Buildings  2,348.40        Interest  -    Depreciation  (575.60)   SHAREHOLDER'S EQUITY     Other Expense (Income)  (13.10) Property, Plant & Equip. - Net  4,591.40    Common Stock  828.50      Income Before Taxes  1,637.30  Other Long Term Assets  120.90    Retained Earnings  5,401.70    Income Taxes  618.10    Total Long-Term Assets  4,712.30      Total Shareholder's Equity  6,230.20    Net Income  1,019.20                Total Assets  9,878.80    Total Liabilities & Equity  9,878.80                  Number of Common Stock                Shares Outstanding  1,032,271

What is the financial performance summary for this balance sheet? BALANCE SHEET   INCOME STATEMENT ($ in millions)   ($ in millions)               ASSETS     LIABILITIES     Revenue  28,681.10  Cash & Marketable Securities  449.90    Accounts Payable  1,611.20    Cost Of Goods Sold  20,768.80  Accounts Receivable  954.80    Salaries Payable  225.20      Gross Profit  7,912.30  Inventories  3,645.20    Other Current Liabilities  1,118.80        Other Current Assets  116.60    Total Current Liabilities  2,955.20    Operating Expenses:     Total Current Assets  5,166.50        Selling, General & Admin.  5,980.80        Other Liabilities  693.40    Depreciation  307.30  Machinery & Equipment  1,688.90          Operating income  1,624.20  Land  1,129.70      Total Liabilities  3,648.60        Buildings  2,348.40        Interest  -    Depreciation  (575.60)   SHAREHOLDER'S EQUITY     Other Expense (Income)  (13.10) Property, Plant & Equip. - Net  4,591.40    Common Stock  828.50      Income Before Taxes  1,637.30  Other Long Term Assets  120.90    Retained Earnings  5,401.70    Income Taxes  618.10    Total Long-Term Assets  4,712.30      Total Shareholder's Equity  6,230.20    Net Income  1,019.20                Total Assets  9,878.80    Total Liabilities & Equity  9,878.80                  Number of Common Stock                Shares Outstanding  1,032,271

Essentials Of Investments
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
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What is the financial performance summary for this balance sheet?

BALANCE SHEET   INCOME STATEMENT
($ in millions)   ($ in millions)
             
ASSETS     LIABILITIES     Revenue  28,681.10 
Cash & Marketable Securities  449.90    Accounts Payable  1,611.20    Cost Of Goods Sold  20,768.80 
Accounts Receivable  954.80    Salaries Payable  225.20      Gross Profit  7,912.30 
Inventories  3,645.20    Other Current Liabilities  1,118.80       
Other Current Assets  116.60    Total Current Liabilities  2,955.20    Operating Expenses:  
  Total Current Assets  5,166.50        Selling, General & Admin.  5,980.80 
      Other Liabilities  693.40    Depreciation  307.30 
Machinery & Equipment  1,688.90          Operating income  1,624.20 
Land  1,129.70      Total Liabilities  3,648.60       
Buildings  2,348.40        Interest  -   
Depreciation  (575.60)   SHAREHOLDER'S EQUITY     Other Expense (Income)  (13.10)
Property, Plant & Equip. - Net  4,591.40    Common Stock  828.50      Income Before Taxes  1,637.30 
Other Long Term Assets  120.90    Retained Earnings  5,401.70    Income Taxes  618.10 
  Total Long-Term Assets  4,712.30      Total Shareholder's Equity  6,230.20    Net Income  1,019.20 
             
Total Assets  9,878.80    Total Liabilities & Equity  9,878.80       
          Number of Common Stock  
             Shares Outstanding  1,032,271 
             
           

 

 
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