Question: 4 5 6 7 8 3 1) Please find the missing values. Please show your work. (I need to see your work when I click


4 5 6 7 8 3 1) Please find the missing values. Please show your work. (I need to see your work when I click on the cells) RIF6 Corporation 2019 and 2020 Balance Sheets ($ in millions) Assets Liabilities and Stockholder's Equity 9 2019 2020 2019 2020 10 Current assets Current liabilities 11 Cash and equivalents $ 257 $ 98 Accounts payable $ 655 $ 493 12 Accounts receivable 270 294 Total current liabilities ? ? 13 Inventory 280 269 14 Total current assets ? ? 15 Long-term liabilities 16 Fixed assets Deferred taxes $ 104 $ 117 17 Property, plant and equipm $ 1,274 $ 1,423 Long-term debt 458 471 18 Less accumulated deprecia 460 550 Total long-term liabilities ? ? 19 Net property, plant, and ? ? 20 equipment Stockholders' equity 21 Intangible assets and other 221 245 Preferred stock $ 39 $ 39 22 Total fixed assets ? ? Common stock ($1 par value) 32 55 23 Capital surplus 347 Accumulated retained earnings 247 283 Less treasury stock 20 26 Total equity ? ? $ 327 24 25 26 27 28 29 Total assets Total liabilities and owner's equity ? ? ? 30 31 332) 34 35 36 37 38 39 40 41 42 Please find the missing values. Please show your work. (I need to see your work when I click on the cells) RIF6 2020 Income Statement ($ in millions) Total operating revenues $ 3,000 Cost of goods sold 2,400 Selling, general, and administrat 327 Depreciation 90 Operating income ? Other income 29 Earnings before interest and taxi ? Interest expense 49 Pretax income ? Taxes 84 Net income ? 43 44 45 46 47 $ Dividends Addition to retained earnings 43 ? 40 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 Suppose that the shares outstanding for RIF6 Corporation in millions are: What are the earnings per share and dividends per share? Earnings per share: ? Dividends per share ? 64 3)What are the limitations of financial statement analysis and financial ratio analysis? 65
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
