Question: Table B shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's current ratio
" Table B 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 B | |||||
| Assets | 2021 | 2020 | Liabilities and Stockholders' Equity | 2021 | 2020 |
| Current Assets |
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| Current Liabilities |
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| Cash | 110 | 110 | Accounts payable | 145 | 100 |
| Accounts receivable | 115 | 70 | Notes payable / short-term debt | 14 | 25 |
| Inventories | 70 | 60 | Current maturities of long-term debt | 45 | 65 |
| Other current assets | 11 | 5 | Other current liabilities | 9 | 15 |
| Total current assets | 306.0 | 245.0 | Total current liabilities | 213.0 | 205.0 |
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| Long-Term Assets |
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| Long-Term Liabilities |
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| Land | 70 | 80 | Long-term debt | 120 | 100 |
| Buildings | 100 | 110 | Capital lease obligations |
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| Equipment | 50 | 45 |
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| Less accumulated depreciation | -37.5 | -38.75 | Deferred taxes | 45 | 21 |
| Net property, plant, and equipment | 182.5 | 196.25 | Other long-term liabilities | --- | --- |
| Goodwill | 10 | 10 | Total long-term liabilities | 165 | 121 |
| Other long-term assets | 35 | 45 | Total liabilities | 378.0 | 326.0 |
| Total long-term assets | 227.5 | 241.25 | Stockholders' Equity | 155.5 | 60.7 |
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| Total Assets | 533.5 | 386.7 | Total liabilities and Stockholders' Equity | 533.5 | 386.7 |
" Table B shows a balance sheet for a certain company. All quantities shown are in millions of dollars. If in 2021 the corporation had 105 million shares outstanding and these shares are trading at $15 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."
" Table B 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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