Question: I need help Table 2 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's

I need help

  1. Table 2 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's current ratio for 2021? Note: Express your answers in strictly numerical terms, and IN million of USDs."

    Table 2

    Balance Sheet (in million of USDs)

    Assets

    2021

    2020

    Liabilities and Stockholders' Equity

    2021

    2020

    Current Assets

    Current Liabilities

    Cash

    100.00

    92.00

    Accounts payable

    120.00

    90.00

    Accounts receivable

    95.00

    75.00

    Notes payable / short-term debt

    12.00

    70.00

    Inventories

    45.00

    50.00

    Current maturities of long-term debt

    50.00

    60.00

    Other current assets

    12.00

    15.00

    Other current liabilities

    10.00

    20.00

    Total current assets

    252.00

    232.00

    Total current liabilities

    192.00

    240.00

    Long-Term Assets

    Long-Term Liabilities

    Land

    42.00

    78.00

    Long-term debt

    100.00

    90.00

    Buildings

    92.00

    100.00

    Capital lease obligations

    3.00

    2.00

    Equipment

    96.00

    100.00

    Less accumulated depreciation

    -47.00

    -50.00

    Deferred taxes

    43.00

    38.00

    Net property, plant, and equipment

    183.00

    228.00

    Other long-term liabilities

    5.00

    5.00

    Goodwill

    12.00

    10.00

    Total long-term liabilities

    151.00

    135.00

    Other long-term assets

    38.00

    40.00

    Total liabilities

    343.00

    375.00

    Total long-term assets

    233.00

    268.00

    Stockholders' Equity

    142.00

    125.00

    Total Assets

    485.00

    500.00

    Total liabilities and Stockholders' Equity

    485.00

    500.00

QUESTION 1

  1. " Table 2 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. If in 2021 the corporation had 300 million shares outstanding and these shares are trading at $25 per share, then what is the company's enterprise value for 2021 (in million of USDs)? Note: Express your answers in strictly numerical terms, and IN million of USDs."

QUESTION 2

  1. " Table 2 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's quick ratio for 2021? Note: Express your answers in strictly numerical terms, and IN million of USDs."

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