Principles of Financial Accounting.

24th Edition

ISBN: 9781260158625

Author: Wild

Publisher: MCG

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Textbook Question

Chapter 2, Problem 3AA

GLOBAL ANALYSIS A2

Key comparative figures for Apple, Google, and Samsung follow.

In millions	Samsung		Apple Google
In millions	Current Year	Prior Year	Current Year	Current Year
Total liabilities	W 87,260,662	W 69,211,291	$241,272	$ 44,793
Total assets	301,752,090	262,174,324	375,319	197,295

Required

1. Compute Samsung's debt ratio for the current year and prior year.

2. Is Samsung on a trend toward increased or decreased financial leverage?

3. Looking at the current-year debt ratio, is Samsung a more risky or Jess risky investment than (a) Apple and (b) Google?

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Chapter 2, Problem 2AA

Chapter 2, Problem 1BTN

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Chapter 2 Solutions

Principles of Financial Accounting.

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Solution Summary: The author explains the debt ratio of Company S for the current year and previous year.

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