Excerpts from the 2008 financial report of Cisco Systems, a leading Internet net worker, are provided below (dollars in millions).

Review the information, calculate relevant ratios from Figure, and explain why Cisco appears to be a good or poor investment. The tax rate was 20 percent.

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2008 2007 2006 Balance Sheet $44,177 23,951 13,655 15,826 38,647 Current assets 535.699 S31.574 21.766 23.035 13.858 Long-term assets Current liabilities Lung-term debt Shareholders' equity 13,358 8,502 31,4N0 10.523 34.353 Income Statement Sales 529,131 6,134 346 533.099 S29,462 Net income 8.052 7,333 377 Interest expense 319