Question: Balance Sheet Analysis for Procter & Gamble Co. Items Amount (in millions) Total Assets $200,000 Total Liabilities $150,000 Total Equity [Calculation 21] Cash and Cash

Balance Sheet Analysis for Procter & Gamble Co.

Items Amount (in millions)

Total Assets $200,000

Total Liabilities $150,000

Total Equity [Calculation 21]

Cash and Cash

Equivalents

$30,000

Accounts Payable $20,000

Inventory $40,000

Long-term Debt $60,000

Calculate the following:

a) Total Equity

b) Debt-to-Equity Ratio

c) Quick Ratio

d) Return on Assets (ROA)

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:

As the accountant for Runson Moving Company, you are preparing the company's annual return, Form 940 and Schedule A. Use the following information to complete Form 940 and Schedule A on pages 5-36 to...

Q:

Part 3 of the tax return, for a S Corp. Form 1120S Research Associates Gross receipts Cost of goods sold Dividend income Interest income Long-term capital loss Compensation of officers Salaries &...

Q:

. MO Analysis 3 (4 Points) Diagnose the performance of the company featured in the case. Please refer to the following framework in Chapter 2, which is titled: "Performance Diagnosis: Disaggregating...

Q:

calculate the ratios Use the information provided below to prepare the Cash Budget for August , September and October 2020 . REQUIRED (Provide separate monetary columns for each month.) INFORMATION...

Q:

1. Please consider theexcerpts from WalgreensBoots Alliance (i.e., Walgreens) annual report (PDF) for fiscal year 2020 and answer the following 10 questions. Note that fiscal year 2020 ends on August...

Q:

9:59 L X LaToya Owens Gilmore _Bu... 4. Accounting and nance principles work the same whether revenue is in the hundred of dollars or hundreds of millions of dollars and whether the calculations are...

Q:

Use the following financial statements for Lake of Egypt Marina, Inc. 2018 2017 Assets Current assets: Cash and marketable securities Accounts receivable Inventory Total Fixed assets: Gross plant and...

Q:

Use the following financial statements for Lake of Egypt Marina, Inc. 2021 2020 LAKE OF EGYPT MARINA, INC. Balance sheet as of December 31, 2021 and 2020 (in millions of dollars) 2021 2020 Assets...

Q:

Use the following financial statements for Lake of Egypt Marina, Inc. 2018 2017 Assets Current assets: Cash and marketable securities Accounts receivable Inventory Total Fixed assets: Gross plant and...

Q:

Looking for some help on this Use the following financial statements for Lake of Egypt Marina, Inc., 2021 2020 $ 90 80 70 240 513 LAKE OF EGYPT MARINA, INC. Balance sheet as of December 31, 2021 and...

Q:

Need help with these balance sheets & income sheets for a practice course! $ 24 LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2018 and 2017 (in millions of dollars) 2018...

Q:

In 2022, Zach and his wife, Katie, had combined income of $118,000 before their investment transactions (below). and they file a joint tax return. Investment and other transactions in 2022 In April...

Q:

A solid sphere is put on the incline with the angle 8. Find the acceleration of the center of mass of the sphere if it is rolling without slipping. Fo F mg 0 X

Q:

The term pay - for - performance can encompass all of the following EXCEPT: a . gainsharing plans. b . cash bonuses. c . base salary. d . merit pay.

Q:

Consider the following table. What is the own-price elasticity of demand between the two points? Answer by entering the absolute value to the nearest one decimal point. Qd 2 3 P 6 3

Q:

Charles Smith won a million-dollar lawsuit in 2016 against a pretend doctor. Smith's attorney kept $400,000 and Smith got $600,000. On his 2016 tax return, Smith reported a $600,000 income on his tax...

Q:

A flower pot falls from a balcony of an apartment building in Salem, Oregon and injures a person. Your job is to determine the apartment from which it originated. Video footage from the second floor...

Q:

Sea Masters Co. issued $1000 par value bonds with a 9 percent coupon. The bond pays interest semi-annually and has 20 years remaining to its maturity date. If the market demands 6.8 percent required...

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:

How do the periodic and perpetual inventory accounting systems differ from each other? LO6

Q:

What is a sales discount? How can sales discounts be recorded? LO8

Q:

Why do many analysts pay close attention to a companys debt-to-equity ratio? Which is more favorable, a high or low one?