Question

what is the current ratio?

0 D E F 6/30/15 A B 1 Microsoft Corporation 2 Balance Sheet 3 (Thousand $) 4 5 Period Ending 6/30/17 6/30/16 6 7 Cash And Cash Equivalents 7,663,000 6,510,000 8 Short Term Investments 125,318,000 106,730,000 9 Net Receivables 19,792,000 18,277,000 10 Inventory 2,181,000 2,251,000 11 Other Current Assets 4,897,000 5,892,000 12 Total Current Assets 159,851,000 139,660,000 13 Long Term Investments 6,023,000 10,431,000 14 Property Plant and Equipment litie 23,734,000 18,356,000 15 Goodwill 35,122,000 17,872,000 ivab 16 Intangible Assets 10,106,000 3,733,000 nece 17 Accumulated Amortization 0 0 18 Other Assets 6,250,000 3,416,000 19 Deferred Long Term Asset Charges 0 0 kep: 20 Total Assets 241,086,000 193,468,000 21 22 Accounts Payable 14,024,000 13,036,000 23 Short/Current Long Term Debt 10,121,000 12,904,000 24 Other Current Liabilities 40,382,000 33,417,000 25 Total Current Liabilities 64,527,000 59,357,000 26 Long Term Debt 76,073,000 40,557,000 27 Other Liabilities 17,184,000 13,640,000 28 Deferred Long Term Lability Charges 10,908,000 7,917,000 29 Minority Interest 0 0 30 Negative Goodwill 0 0 bility t 31 Total Liabilities 168,692,000 121,471,000 Is and n 32 Stockholders' Equity inc statement balance sheet cash flow statement 5,595,000 90,931,000 17,908,000 2,902,000 5,461,000 122,797,000 12,053,000 14,731,000 16,939,000 4,835,000 0 3,117,000 174,472,000 12,385,000 7,484,000 29,778,000 49,647,000 27,808,000 13,544,000 3,390,000 0 0 94,389,000 valuation data financial ratios +

Answer 1

Calculation of current ratio Current ratio = Current Assets / Current liabilities Particulars 6/30/17 6/30/16 6/30/15 Total Current Assets $ 159,851,000 $139,660,000 $ 122,797,000 Total Current liabilities $ 64,527,000 $ 59,357,000 $ 49,647,000 Current ratio 2.48 2.35 2.47