At the end of 2017. Alphabet, Inc .. reported stockholders' equity of $152.502 million and total assets

Question:

At the end of 2017. Alphabet, Inc .. reported stockholders' equity of $152.502 million and total assets of $ 197.295 million. Its balance in stockholders' equity at the end of 2016 was $139,036 million. Net income in 2017 was $12,662 million.

a. Calculate Alphabet. Inc., return on equity ratio for 2017.

b. Calculate its debt-to-equity ratio as of December 31,2017.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial Accounting

ISBN: 9781618533111

6th Edition

Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman

See More Books

Question Posted: Oct 15, 2021 01:54 AM

See More Questions

The balance sheet data of Crane Company at the end of 2017 and 2016 are shown below. 2017 2016 Cash $29,800 $34,800 Accounts receivable (net) 55,100 44,800 Inventory 65,400 45,100 Prepaid expenses...
At the end of 2017 a fast-growing advertising agency had a negative balance of $596 million in its retained earnings account. Compute the missing amounts in the following table, and comment on the...
The balance sheet for Sylvester Inc. at the end of the first year of operations indicates the following: What is the long-term debt to total assets ratio for 2011 (rounded to one decimal place)? a....
In Problems 11 54, simplify each expression. Assume that all variables are positive when they appear. 2 ( 5 29 )
Calculate a sequence of 1-step-ahead forecasts for GDP growth rates based on the linear model (Exercise 7), the STAR model (Exercise 7), and the SETAR model (Exercise 8). Evaluate the forecasting...
Spridget Company has 1 million shares of common stock authorized with a par value of $3per share, of which 600,000 shares are outstanding. The company received $7 per share when it issued shares to...
The magnetic flux through a conducting loop increases at a rate of $3.0 \mathrm{~T} \cdot \mathrm{m}^{2} / \mathrm{s}$. What is the magnitude of the induced emf in the loop?
Jordan Company reported the following operating results for two consecutive years. Required Express each income statement component for each of the two years as a percent of sales. Round percentages...
Question four (20mks) Explain how the following are fundamental in appraising income property A. potential gross income (16mks) B.Net operating income (4mks) Question five (20mks) Explain the theory...
2. Change the total fixed manufacturing overhead cost for the Milling Department in the area back to $390,000, keeping all of the other data the same as in the original example. Consider a new job,...
Financial accounting plays an important role in modern society and business. a. What role does financial accounting play in the allocation of society's financial resources? b. What are three aspects...
At the end of 2017. Daimler AG, reported stockholders' equity of 64,023 million and total assets of 255.605 million. Its stockholders' equity at the end of 2016 was 57,950 million. Net income in 2017...
For a data set obtained from a sample, n = 81 and . It is known that = 4.8. a. What is the point estimate of ? b. Make a 95% confidence interval for . c. What is the margin of error of estimate for...
Jane Smith fund in Australia currently manages four asset classes which are Australian equity, US equity, emerging market debt securities, and Australian commercial real estate. In 2021, the...
Consider the following price-demand function: P 50 2Q, (Q|0
The following information is available for Bramble Corporation. 2 0 2 5 2 0 2 4 Current assets $ 5 8 , 5 6 0 $ 4 1 , 6 0 0 Total assets 2 4 2 , 0 0 0 2 0 7 , 0 0 0 Current liabilities 2...
The company has current liabilities of $530,000 , long-term liabilities of $1,000,000 , total assets of $2,400,000 , and stockholders equity is $870,000. What is the company's debt to total assets...
A system of point charges is set up as shown in the figure. What is the magnitude and direction of the total electric force on charge q3? 0.200m 0.200m 45.0 -45.0 . 0.300m 83 x
An airplane of mass 2800 kg has just lifted off the runway. It is gaining altitude at a constant 2.3 m/s while the horizontal component of its velocity is increasing at a rate of 0.86 m/s2. Assume g...
A genetically engineered strain of Escherichia coli (E. coli) is used to synthesize human insulin for people suffering from type I diabetes mellitus. In the following simplified reaction scheme,...
Retained earnings statement Instructions Instructions Labels and Amount Descriptions Retained Earnings Statement Sumter Pumps Corporation, a manufacturer of industrial pumps, reports the following...
Brilliant Accents Company manufactures and sells three styles of kitchen faucets: Brass, Chrome, and White. The following additional data apply: BRASS CHROME WHITE Projected sales in Units 30,000 PER...
Luz Corporation has two departments, Small and Large. Central costs could be allocated to the two departments in various ways. Square footage Number of employees Sales Small Large Department...

At the end of 2017. Alphabet, Inc .. reported stockholders' equity of $152.502 million and total assets

Question:

Step by Step Answer:

a Return on equity ROE Net income Average stock...View the full answer

Financial Accounting

Students also viewed these Business questions