Homework Answers
Answer : Option B $ 40,091 Million
Explanation :
Asset = Total Liabilities + Stockholders Equity
The Total Liabilities and Stockholders Equity is $ 40,091 million
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United Airlines' 2016 balance sheet reported the following (in millions) 3....
show work for each question as necessary, please be neat 1. A list of assets, liabilities...
show work for each question as necessary, please be neat
1. A list of assets, liabilities and equity can be found on which of the following? A) Balance Sheet B) Income Statement C) Statement of Assets and Liabilities D) Statement of Cash Flows E) Statement of Stockholders' Equity 2. A company's net cash flow will equal its net income A) Almost always B) Rarely C) Occasionally D) Only when the company has no investing cash flow for the period E)...
adidas Group reported the following balance sheet accounts in a recent year (euros in millions) Property,...
adidas Group reported the following balance sheet accounts in a recent year (euros in millions) Property, plant and equipment Total equity Accounts receivable Total noncurrent liabilities Cash and cash equivalents Total current assets Other noncurrent assets € 1,915 6,454 2. zee 1,957 1,510 8,886 1. 116 Intangible assets Total current liabilities Inventories Total liabilities Other current assets Total noncurrent assets € 3,259 6,765 3,763 8,722 1.413 6,290 Prepare the balance sheet for this company, following usual IFRS practices. Assume the...
all three pages please! thank you! TAMARISK, INC. Condensed Balance Sheet May 31 ($ in millions) 2017 2016 Assets...
all three pages please! thank you!
TAMARISK, INC. Condensed Balance Sheet May 31 ($ in millions) 2017 2016 Assets Current Assets Property, plant, and equipment (net) $9,630 $8,790 2,020 1.860 1,540 1.780 $13,190 $12.430 Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities $3.290 1,310 $3,400 1.350 Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity 8.590 7.680 $13,190 $12.430 TAMARISK, INC. Condensed Balance Sheet May 31 ($ in millions) 2017 2016 Increase (Decrease) Percentage Change from 2013 Assets...
show work as necessary and please be neat 14. In 2016, Nordstrom, Inc. reported the following...
show work as necessary and please be neat
14. In 2016, Nordstrom, Inc. reported the following (in millions): Current Assets Current Llabilities Long-term Liabilities $3,959 Equity $870 $3,242 $3.020 What amount did Nordstrom report as total assets? A) $ 4,616 million B) $ 3,950 million C) $ 7,307 million D) $13,170 million E) None of the above 15. In its fiscal 2016 annual report, Nike, Inc. reported cash of $3,138 million at year end. The statement of cash flows reports...
Consider the following balance sheet: Luther Corporation Consolidated Balance Sheet December 31, 2016 and 2015 (in...
Consider the following balance sheet: Luther Corporation Consolidated Balance Sheet December 31, 2016 and 2015 (in $ millions) Assets 2016 2015 Liabilities and Stockholders' Equity 2016 2015 Current Assets Current Liabilities Cash 63.6 58.5 Accounts payable 87.6 73.5 Accounts receivable 55.5 39.6 Notes payable/ short-term debt 10.5 9.6 Inventories 45.9 42.9 Current maturities of long-term debt 39.9 36.9 Other current assets 6.0 3.0 Other current liabilities 6.0 12.0 Total current assets 171.0 144.0 Total current liabilities 144.0 132.0...
eBook Calculator Classified Balance Sheet The following balance sheet items, listed in alphabetical order, are available...
eBook Calculator Classified Balance Sheet The following balance sheet items, listed in alphabetical order, are available from the records of Ruth Corporation at December 31, 2017: $17,395 $6,540 1,370 Accounts payable Accounts receivable Accumulated depreciation - automobiles Accumulated depreciation - buildings Automobiles Bonds payable, due December 31, 2021 Buildings Capital stock, $10 par value Cash 22,615 23,100 43,260 115,500 42,510 247,000 85,360 Income taxes payable Interest payable Inventory Land Long-term investments Notes payable, due June 30, 2018 office supplies Pald-in...
Columbia Sportswear Company reported the following in recent balance sheets (amounts in millions). (in millions) September...
Columbia Sportswear Company reported the following in recent balance sheets (amounts in millions). (in millions) September 30, 2016 December 31, 2015 Assets Current Assets Cash $ 529 $ 540 Accounts Receivable 1,356 542 Inventories 1,650 704 Prepaid Rent 92 51 Total Current Assets 3,627 1,837 Software 560 208 Equipment 1,909 682 Total Assets $ 6,096 $ 2,727 Liabilities and Shareholders' Equity Liabilities Current Liabilities Accounts Payable $ 966 $ 699 Notes Payable (short-term) 0 2 Income Taxes Payable 91 5...
please show work as necessary and be neat al 2017 income statement and balance sheet of...
please show work as necessary and be neat
al 2017 income statement and balance sheet of Mullen, Inc. provided below Roer to the fiscal 20 MULLEN, INC. Balance Sheet 2012 As of December 31, Assets: Cash and cash equivalents Accounts receivable Inventory Current Assets 2016 $ 454,000 595,241 518,543 1,567,784 $ 374,585 419,546 548,521 1,342,652 Property, plant and equipment Less: Accumulated depreciation Property, plant and equipment-net Intangible assets 1,085,741 (388,139) 697 602 748,545 924,652 (297,504) 627,148 698.545 Total assets $3,013,931...
Following is a partially completed balance sheet for Episco, Inc., at December 31, 2016, together with...
Following is a partially completed balance sheet for Episco, Inc., at December 31, 2016, together with comparative data for the year ended December 31, 2015. From the statement of cash flows for the year ended December 31, 2016, you determine the following: Net income for the year ended December 31, 2016, was $182. Dividends paid during the year ended December 31, 2016, were $56. Cash increased $56 during the year ended December 31, 2016. The cost of new equipment acquired...
Argentina Moving Company reported the following amounts on its balance sheet as of December 31, 2016...
Argentina Moving Company reported the following amounts on its balance sheet as of December 31, 2016 and December 31, 2017: Cash and Receivables Merchandise Inventory Property, Plant and Equipment, net Total Assets Total Liabilities 2017 $75,000 145,000 830,000 $1,050,000 $535,000 2016 $95,000 250,000 790,000 $1,135,000 $375,000 For the vertical analysis, what is the percentage of stockholders' equity as of December 31, 2017? (Round your answer to two decimal places.) O A. 100% OB. 49.05% O C. 66.96% OD. There is...
show work for each question as necessary, please be neat
1. A list of assets, liabilities and equity can be found on which of the following? A) Balance Sheet B) Income Statement C) Statement of Assets and Liabilities D) Statement of Cash Flows E) Statement of Stockholders' Equity 2. A company's net cash flow will equal its net income A) Almost always B) Rarely C) Occasionally D) Only when the company has no investing cash flow for the period E)...
adidas Group reported the following balance sheet accounts in a recent year (euros in millions) Property, plant and equipment Total equity Accounts receivable Total noncurrent liabilities Cash and cash equivalents Total current assets Other noncurrent assets € 1,915 6,454 2. zee 1,957 1,510 8,886 1. 116 Intangible assets Total current liabilities Inventories Total liabilities Other current assets Total noncurrent assets € 3,259 6,765 3,763 8,722 1.413 6,290 Prepare the balance sheet for this company, following usual IFRS practices. Assume the...
all three pages please! thank you!
TAMARISK, INC. Condensed Balance Sheet May 31 ($ in millions) 2017 2016 Assets Current Assets Property, plant, and equipment (net) $9,630 $8,790 2,020 1.860 1,540 1.780 $13,190 $12.430 Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities $3.290 1,310 $3,400 1.350 Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity 8.590 7.680 $13,190 $12.430 TAMARISK, INC. Condensed Balance Sheet May 31 ($ in millions) 2017 2016 Increase (Decrease) Percentage Change from 2013 Assets...
show work as necessary and please be neat
14. In 2016, Nordstrom, Inc. reported the following (in millions): Current Assets Current Llabilities Long-term Liabilities $3,959 Equity $870 $3,242 $3.020 What amount did Nordstrom report as total assets? A) $ 4,616 million B) $ 3,950 million C) $ 7,307 million D) $13,170 million E) None of the above 15. In its fiscal 2016 annual report, Nike, Inc. reported cash of $3,138 million at year end. The statement of cash flows reports...
eBook Calculator Classified Balance Sheet The following balance sheet items, listed in alphabetical order, are available from the records of Ruth Corporation at December 31, 2017: $17,395 $6,540 1,370 Accounts payable Accounts receivable Accumulated depreciation - automobiles Accumulated depreciation - buildings Automobiles Bonds payable, due December 31, 2021 Buildings Capital stock, $10 par value Cash 22,615 23,100 43,260 115,500 42,510 247,000 85,360 Income taxes payable Interest payable Inventory Land Long-term investments Notes payable, due June 30, 2018 office supplies Pald-in...
please show work as necessary and be neat
al 2017 income statement and balance sheet of Mullen, Inc. provided below Roer to the fiscal 20 MULLEN, INC. Balance Sheet 2012 As of December 31, Assets: Cash and cash equivalents Accounts receivable Inventory Current Assets 2016 $ 454,000 595,241 518,543 1,567,784 $ 374,585 419,546 548,521 1,342,652 Property, plant and equipment Less: Accumulated depreciation Property, plant and equipment-net Intangible assets 1,085,741 (388,139) 697 602 748,545 924,652 (297,504) 627,148 698.545 Total assets $3,013,931...
Argentina Moving Company reported the following amounts on its balance sheet as of December 31, 2016 and December 31, 2017: Cash and Receivables Merchandise Inventory Property, Plant and Equipment, net Total Assets Total Liabilities 2017 $75,000 145,000 830,000 $1,050,000 $535,000 2016 $95,000 250,000 790,000 $1,135,000 $375,000 For the vertical analysis, what is the percentage of stockholders' equity as of December 31, 2017? (Round your answer to two decimal places.) O A. 100% OB. 49.05% O C. 66.96% OD. There is...
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