Question: Balance Sheet Analysis for Abbott Laboratories Items Amount (in millions) Total Assets $300,000 Total Liabilities [Calculation 109] Total Equity $220,000 Cash and Cash Equivalents $90,000

Balance Sheet Analysis for Abbott Laboratories

Items Amount (in millions)

Total Assets $300,000

Total Liabilities [Calculation 109]

Total Equity $220,000

Cash and Cash

Equivalents

$90,000

Accounts Receivable $40,000

Inventory $30,000

Long-term Debt $50,000

Calculate the following:

a) Total Liabilities

b) Debt Ratio

c) Working Capital

d) Return on Equity (ROE)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

How to conduct a ratio analysis of the below? A B 422,733 0.38 0.5 6% 0.3 10,900 0.32 0.28 110,600 121,600 3 SALES 4 COGS 5 OE 6 INTEREST RATE 7 TAX RATE 8 DIVIDENDS 9 CURRENT ASSSETS 10 CURRENT...

Q:

i have done question1, i need answer for question 2-3 Question 6 Worksheets and Financial Statements Phil owns Mickelson Enterprises which sells sunglasses. The Balance Sheet as at 30 June 2020 is...

Q:

Please see the attached instructions forwhat is required for this question For this assignment, you will complete the Financial Overview component of Amazon. To complete this assignment, use the...

Q:

Case Studies in Finance Case 1: Chrysler Ratio Analysis Before Chysler merged to become DaimlerChrysler AG, they were presented with a takeover bid of $55 per share by MGM billionaire Kirk Kerkorian...

Q:

On January 1, 2020, Pinnacle Corporation exchanged $3,570,500 cash for 100 percent of the outstanding voting stock of Strata Corporation. On the acquisition date, Strata had the following balance...

Q:

Part 1 ? Vertical and Horizontal Analysis Vertical Analysis Vertical analysis is a method in which the relationship between items in the same financial statement is identified by converting all...

Q:

Please see the instructions I am attaching showing step by step of the assistance I am requesting. Let me know if there are any questions. Please notify me when you?re done. Thank you so much...

Q:

I need this for Walmart last two years also need a paper A 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50...

Q:

I only want to write two-pages financial analysis report of Macy' s Inc over the last 3 years according to the Excel file ready and attached Balance Sheet MACY'S, Inc. Consolidated Balance Sheets -...

Q:

I only want to write two-pages financial analysis report of Macy' s Inc over the last 3 years according to the Excel file ready and attached Balance Sheet MACY'S, Inc. Consolidated Balance Sheets -...

Q:

G = 6.67x 10-IN-m /kg, 1in = 2.54 cm, 1 m= 100 cm, 1 ft = 12 in, 1 km = 1000 m. 1 mile = 5,280 ft, 1 hr = 3,600 s 1. A tractor-trailer (truck) is driving down a steep incline when the driver realizes...

Q:

ERP implementation readiness is a key success factor to going live. Research two businesses that have implemented an ERP system that have used a readiness process and describe the process to...

Q:

Calculate the curl of the gradient for the function. ( Give your answer using component form or standard basis vectors. Express numbers in exact form. Use symbolic notation and fractions where...

Q:

Use this S-D table to answer the questions. The numbers are nice and round, but similar to current equilibrium price and quantity for the US right now. Demand for gasoline (million gallons per day)...

Q:

Complete the missing disclosures of trade accounts receivables from Cheris Corp.'s notes to the 1 financial statements. 2 3 (Always use cell references and formulas where appropriate to receive full...

Q:

(10pt) Suppose that you know a MAC value X and the key K that was used to compute the MAC, but you do not know the original message. (a) (8pt) Show that you can construct a message M that also has...

Q:

2 Ursala, Inc., has a target debt-equity ratio of .65. Its WACC is 10.4 percent, and the tax rate is 23 percent. a. If the company's cost of equity is 14 percent, what is its pretax cost of debt? b....

Q:

Whereas, MCPS Manufacturing costs of products sold NPMC Non-Product Manufacturing costs MCFP Manufacturing cost of the production This is the complete question. There is no additional information...

Q:

Create a 200 word summary on the Juvenile Justice System than and today. Describe The Juvenile system and provide a generalizable definition. Highlight the issues in the Juvenile system and why this...

Q:

Kool-skinz Company manufactures custom-designed skins (covers) for iPods and other portable MP3 devices. Variable costs are $10.80 per custom skin, the price is $18, and fixed costs are $66,960....

Q:

Carmichael Corporation is in the process of preparing next years budget. The pro forma income statement for the current year is as follows: Required: 1. What is the break-even sales revenue (rounded...

Q:

Sasha Melton owns and operates The Green Belt Company (GBC), which provides live plants and flower arrangements to professional offices. Sasha has fixed costs of $2,380 per month for...