Ratio analysis You are provided with the following simplified statement of financial

position and income statement for a large corporation.

Statement of Financial Position [E millions]: Period Ending 2020 2021 2022 2023 Assets Current Assets Cash And Cash Equivalents 390 381 458 1585 Short Term Investments 6849 454-7 46 08 578 Net Receivables 693 533 1025 932 Inventory 1261 909 1299 880 Other Current Assets 200 250 86 74 Total Current Assets 9393 6620 74-76 4049 Property, Plant 8: Equipment 10201 10920 10300 10350 Goodwill 21 23 28 40 Total Non-Current Assets 10222 1094-3 10328 10390 Total Assets 19615 17563 17804 14-4-39 Liabilities Current Liabilities Accounts Payable 1715 1190 975 620 Short/Current Long Term Debt 3945 5336 3656 1727 Other Current Liabilities 1 11 169 303 655 Total Current Liabilities 10771 7195 4-934- 3002 Long Term Debt 7161 3816 1557 1478 Total Liabilities 17932 11011 64-91 4-4-80 Shareholders' Equity Total Shareholders' Equity 1683 6552 1 13 13 9959 Equity plus Liabilities 19615 17563 17804 14-4-39 Income Statement [E millions I: Period Ending 2020 2021 2022 2023 Total Revenue 7931 6579 8204- 6502 Cost of Revenue 5787 5136 5318 384-0 Gross Prot 2144 1443 2886 2662 Depreciation 321 182 201 412 Other Expenses 100 134 115 24-7 EBIT 1723 1127 2570 2003 Interest 1,135 957 1,272 1,009 EBT 588 170 1,298 994- Tax 153 4-4 337 258 Net Income 4-35 126 961 736