The following information comes from the balance sheet of Micros Systems, Inc.:
Micros Systems, Inc., and Subsidiaries
Consolidated Balance Sheets

1. Calculate the debt-to-equity ratio for the years shown.
2. Who would be interested in this information and why?
3. Suppose you were considering investing in some of this firm’s stock. What do you think of the change in this ratio from one year to the next?
4. If Micros Systems has bonds payable, where do you think they might be included on the balance sheet?
5. What risks are associated with the long-term debt on the balance sheet of Micros Systems,Inc.?

  • CreatedSeptember 01, 2014
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