Question: QUESTION 9 Table 2 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's current


QUESTION 9 "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 2021 2020 Current Assets Cash 90 80 125 85 Accounts receivable 90 75 Liabilities and Stockholders' Equity Current Liabilities Accounts payable Notes payable / short-term debt Current maturities of long-term debt Other current liabilities Total current liabilities 15 20 Inventories 40 55 50 60 10 12 10 20 Other current assets Total current assets 230 222 200 185 50 70 Long-Term Liabilities Long-term debt Capital lease obligations 90 105 100 105 2 2 100 105 -52.5 -50 Deferred taxes 40 25 Long-Term Assets Land Buildings Equipment Less accumulated depreciation Net property, plant, and equipment Goodwill Other long-term assets Total long-term assets 200 227.5 Other long-term liabilities 5 5 10 10 137 137 35 45 Total long-term liabilities Total liabilities Stockholders' Equity 337 322 245 272.5 138 64.7 Total Assets 475 386.7 Total liabilities and Stockholders' Equity 475.0 386.7 QUESTION 10 "Table 2 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. If in 2021 the corporation had 165 million shares outstanding and these shares are trading at $23 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 11 " 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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