Question: thanks for your help! can you solve a,b,c and d all the information you need to solve is in the data tabke Some balance sheet


Some balance sheet information is shown here (all values in milions of dollars). a. What change in the book value of the company's equity took place at the end of 2015? b. Is the company's market-to-book ratio meaningful? Is its book debt-equity ratio meaningful? Explain. e. Find the company's other financial statements from that time online. What was the cause of the change to its book value of equity at the end of 2015? d. Does the company's book value of equity in 2016 imply that it is unprofitable? Explain. a. What change in the book value of the company's equity took place at the end of 2015? The book value of equity by $bilion from the end of the previous year, and was (Select from the drop down menus and round to three decimal places.) Data Table 3/31/2016 12/31/2015 9/30/2015 6/30/2015 293 401 374 60 1,128 128 979 744 777 3,756 Balance Sheet: Assets Current Assets Cash and cash equivalents Net receivables Inventory Other current assets Total Current Assets ng-term investments Property, plant, and equipment Goodwill Other assets Total Assets Liabilities Current Liabilities Accounts payable Short/current long-term debt Other current liabilities Total Current Liabilities Long-term debt Other liabilities Total Liabilities 300 362 342 43 1,047 97 991 748 831 3,714 255 385 437 53 1,130 232 460 306 45 1,043 200 1,052 742 797 3,834 - 995 736 921 3,782 876 410 1,467 2 922 173 980 288 1,286 2,381 435 4,102 1,469 2,124 574 4,167 1,095 474 559 2,128 1,268 475 551 2,294 255 385 437 53 1,130 Current Assets Cash and cash equivalents Net receivables Inventory Other current assets Total Current Assets Long-term investments Property, plant, and equipment Goodwill Other assets Total Assets Liabilities Current Liabilities Accounts payable Shortcurrent long-term debt Other current liabilities Total Current Liabilities Long-term debt Other liabilities Total Liabilities Total Shareholder's Equity Total Liabilities and Shareholder's Equity 293 401 374 60 1,128 128 979 744 777 3,756 300 362 342 43 1,047 97 991 748 831 3,714 232 460 306 45 1,043 200 1,052 742 797 3,834 995 736 921 3,782 876 410 1,467 2 922 173 980 288 - 1,286 2,381 435 4,102 -346 3,756 1,469 2,124 574 4,167 -453 3,714 1,095 474 559 2,128 1,654 3,782 1,268 475 551 2,294 1,540 3,834 Some balance sheet information is shown here (all values in milions of dollars). a. What change in the book value of the company's equity took place at the end of 2015? b. Is the company's market-to-book ratio meaningful? Is its book debt-equity ratio meaningful? Explain. e. Find the company's other financial statements from that time online. What was the cause of the change to its book value of equity at the end of 2015? d. Does the company's book value of equity in 2016 imply that it is unprofitable? Explain. a. What change in the book value of the company's equity took place at the end of 2015? The book value of equity by $bilion from the end of the previous year, and was (Select from the drop down menus and round to three decimal places.) Data Table 3/31/2016 12/31/2015 9/30/2015 6/30/2015 293 401 374 60 1,128 128 979 744 777 3,756 Balance Sheet: Assets Current Assets Cash and cash equivalents Net receivables Inventory Other current assets Total Current Assets ng-term investments Property, plant, and equipment Goodwill Other assets Total Assets Liabilities Current Liabilities Accounts payable Short/current long-term debt Other current liabilities Total Current Liabilities Long-term debt Other liabilities Total Liabilities 300 362 342 43 1,047 97 991 748 831 3,714 255 385 437 53 1,130 232 460 306 45 1,043 200 1,052 742 797 3,834 - 995 736 921 3,782 876 410 1,467 2 922 173 980 288 1,286 2,381 435 4,102 1,469 2,124 574 4,167 1,095 474 559 2,128 1,268 475 551 2,294 255 385 437 53 1,130 Current Assets Cash and cash equivalents Net receivables Inventory Other current assets Total Current Assets Long-term investments Property, plant, and equipment Goodwill Other assets Total Assets Liabilities Current Liabilities Accounts payable Shortcurrent long-term debt Other current liabilities Total Current Liabilities Long-term debt Other liabilities Total Liabilities Total Shareholder's Equity Total Liabilities and Shareholder's Equity 293 401 374 60 1,128 128 979 744 777 3,756 300 362 342 43 1,047 97 991 748 831 3,714 232 460 306 45 1,043 200 1,052 742 797 3,834 995 736 921 3,782 876 410 1,467 2 922 173 980 288 - 1,286 2,381 435 4,102 -346 3,756 1,469 2,124 574 4,167 -453 3,714 1,095 474 559 2,128 1,654 3,782 1,268 475 551 2,294 1,540 3,834
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
