Green Domes , Inc., builds environmentally sensitive structures. The company's 2018 revenues totaled $ 2,815 million. At December 31, 2018 , and 2017 , the company had, respectively, $ 652 million and $ 586 million in current assets. The December 31, 2018 , and 2017 , balance sheets and income statements reported the following amounts:

Requirement 1. Describe each of Green Domes , Inc.'s liabilities and state how the liability arose. Choose the correct liability from the list that best fits the description provided.

drop down choices for 1:

Requirement 2. What were the company's total assets at December 31, 2018 ? The total assets at December 31, 2018 were $ _______ million.

Requirement 3. Assume that beginning and ending inventories for both periods did not differ by a material amount. Accounts payable at the end of 2016 was $ 196 million. Calculate accounts payable turnover as a ratio and days' payable outstanding (DPO) for 2017 and 2018. Calculate current ratios for 2017 and 2018 as well. Evaluate whether the company improved or deteriorated from the standpoint of its ability to cover accounts payable and current liabilities over the year.

Determine the formula for the accounts payable turnover. Then complete the formula and calculate the accounts payable turnover ratios at the end of 2017 and 2018. (Enter amounts in millions.)

Next, determine the formula for the days' payable outstanding (DPO). Then complete the formula and calculate the days' payable outstanding at the end of 2017 and 2018. (Enter the amounts in the formula to two decimal places, X.XX. Round your answers to the nearest whole day.)

Now, determine the formula for the current ratio. Then complete the formula and calculate the current ratios at the end of 2017 and 2018. (Enter amounts in millions. Round your answer to two decimal places.)

drop down choices for requirement 3:

At year-end (In millions) Liabilities and stockholders' equity Current liabilities 2018 2017 192 185 23 15 415 1,319 84 118 $ Accounts pavable Accrued expenses Accrued employee compensation and benefits Current portion of long-term debt 157 29 18 322 1,980 112 Total current liabilities Long-term debt Post-retirement benefits payable Other liabilities Total stockholders' equity Total liabilities and stockholders' equity 2,027 1,476 $4,452 $ 3,305 Year-end (in millions) Cost of goods sold $ 2,015 $ 1,552 | The amount of long-term notes and bonds payable that the company expects to pay after the coming year | A catch-all group of liabilities that do not fit one or more specific categories. This is usually listed among the long-term liabilities. Amounts owed to suppliers for products or services that have been purchased on account. Amounts owed to employees for salaries and other payroll-related expenses Amounts owed for providing benefits to retirees such as health care costs. The next year's payments on the company's long-term debt. | Expenses that the company has incurred but not yet paid: these are liabilities for expenses such as interest and income taxes Y The amount of long-term notes and bonds payable that the company expects to pay after the coming year. Il group of liabilities that do not fit one or more specific categories. This is usually listed among the long-term liabilitie Accounts payable Accrued employee compensation and benefits wed to suppliers for products or services that have been purchased on account. Accrued expenses Current portion of long-term debt Long-term debt Other liabilities Post-retirement benefits ts owed to employees for salaries and other payroll-related expenses ts owed for providing benefits to retirees such as health care costs. xt year's payments on the company's long-term debt. Expenses that the company has incurred but not yet paid; these are liabilities for expenses such as interest and income taxes Accounts payable turnover 2018 2017 Days' payable outstanding 2018 2017 Current ratio 2018 2017 Evaluate whether the company improved or deteriorated from the standpoint of ability to cover accounts payable and current liabilities over the year. The company's ability to cover accounts payable and current liabilities over the year deteriorated Choose from any list or enter any number in the input fields and then continue t improved 2018 2017 Next, det Current liabilities 365 Average accounts payable Days payable outstanding Long-term liabilities Purchases from suppliers (or COGS) Stockholders' equity Total assets 2018 2017