Question: need help Sharp Corp Balance Sheet at 12/31/20 (s in Millions) Assets Cash Receivables (net) Inventory PP & E (net) Patents Goodwill Total assets 21
Sharp Corp Balance Sheet at 12/31/20 (s in Millions) Assets Cash Receivables (net) Inventory PP & E (net) Patents Goodwill Total assets 21 45 62 198 19 11 356 Liabilities & Equity Accounts payable Short term debt Long term debt Preferred stock Common Equity Total Liabilities + Equity 49 11 140 17 139 356 Questions: Show ALL your work and calculations (Answers that are Multiples (X) or Percents (%) should be carried to 1 decimal place) 1. A. Did Sharp make any acquisitions? B. Briefly, how do you know? 2. What is Sharp's net working capital? (S) 3. Calculate Sharp's current ratio. (x) 4. Calculate its quick ratio. (x) 5. What is Sharp's total balance sheet capitalization? (5) 6. Calculate its balance sheet financial leverage using LTD/Capitalization. (%) 9/23/21
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