In 2018, Amazon had the total current assets of $75,101 million, total assets of $162,648 million,...

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Question

In 2018, Amazon had the total current assets of $75,101 million, total assets of $162,648 million,...

In 2018, Amazon had the total current assets of $75,101 million, total assets of $162,648 million, and total liabilities of $119,099 million. What would be the percentage for total equities in its 2018 common size balance sheet?

A.73.23%

B.46.17%

C.53.83%

D.26.77%

business finance

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Answer 1

Answer #1

D.26.77%

Step-1:Calculation of total equity

Total equity	=	Total assets	-	Total Liabilities
	=	$ 1,62,648	-	$ 1,19,099
	=	$ 43,549	-

Step-2:Calculation of percentage for total equities

Percentage for total equities	=	Total Equities	/	Total assets
	=	$ 43,549	/	$ 1,62,648
	=	26.77%

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Answer 2

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