Common - Size Balance Sheets Following is the balance sheet for 3 M Company. Prepare common -
Question:
CommonSize Balance Sheets
Following is the balance sheet for M Company. Prepare commonsize balance sheets for and
Round answers to one decimal place. ie
M Company and Subsidiaries
Commonsize Balance Sheets
$ millions
Dec. Dec.
Cash and cash equivalents $ Answer
$ Answer
Accounts receivable Answer
Answer
Total inventories Answer
Answer
Other current assets Answer
Answer
Total current assets Answer
Answer
Investments Answer
Answer
Property, plant and equipment, net Answer
Answer
Goodwill Answer
Answer
Intangible assets, net Answer
Answer
Other assets Answer
Answer
Total assets $ Answer
$ Answer
Shortterm debt & current portion of LT debt $ Answer
$ Answer
Accounts payable Answer
Answer
Accrued payroll Answer
Answer
Accrued income taxes Answer
Answer
Other current liabilities Answer
Answer
Total current liabilities Answer
Answer
Longterm debt Answer
Answer
Other liabilities Answer
Answer
Total liabilities Answer
Answer
Stockholders' equity, net Answer
Answer
Total liabilities and stockholders' equity $ Answer
$ Answer