A summary of a recent balance sheet for Caterpillar is as follows (dollars in billions): What amount
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A summary of a recent balance sheet for Caterpillar is as follows (dollars in billions):
What amount and what percentage of Caterpillar's assets were financed by
(1) Current liabilities,
(2) Longterm debt,
(3) Shareholders' equity?
Transcribed Image Text:
Liabilities and Assets Shareholders' Equity Current assets $39 Current liabilities $27 Long-term debt Shareholders' equity Property, plant, and equipment 13 36 Other assets 26 15 Total $78 Total $78
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