Calculate the TIE ratio. Show work for credit. Balance Sheet (Millions) Income Statement (Millions) Assets Cash 1,290
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Balance Sheet (Millions) | Income Statement (Millions) | |||
Assets | ||||
Cash | 1,290 | Net Sales | 51,600 | |
Receivables | 9,890 | Operating Costs | 48,246 | |
Inventory | 13,760 | Depreciation | 903 | |
PP&E | 18,060 | EBIT | 2,451 | |
Total Assets | 43,000 | Interest | 927 | |
EBT | 1,524 | |||
Liabilities and OE | Taxes | 534 | ||
Accounts Payable | 8,170 | Net Income | 990 | |
Notes Payable | 6,677 | |||
Wages Payable | 4,073 | Other Data | ||
Long Term Bonds | 8,815 | Shares Outstanding (millions) | 750 | |
Total Equity | 15,265 | Dividends (millions) | $346.67 |
Related Book For
Interpreting and Analyzing Financial Statements
ISBN: 978-0132746243
6th edition
Authors: Karen P. Schoenebeck, Mark P. Holtzman
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