Question: This Question: 1 pt 43 of 50 (9 complete) Data Table The Hialeah Medical Corporation financial statements follow E (Click the icon to view the

 This Question: 1 pt 43 of 50 (9 complete) Data Table
The Hialeah Medical Corporation financial statements follow E (Click the icon to
view the consolidated balance sheets.) Hialeah Medical Corporation Hialeah Medical's inventory turnover
during fiscal year 2018 was Consolidated Statements of Income Year ended December
31, O A. 80 times. (In Millions, Except per Share Amounts) 2018

This Question: 1 pt 43 of 50 (9 complete) Data Table The Hialeah Medical Corporation financial statements follow E (Click the icon to view the consolidated balance sheets.) Hialeah Medical Corporation Hialeah Medical's inventory turnover during fiscal year 2018 was Consolidated Statements of Income Year ended December 31, O A. 80 times. (In Millions, Except per Share Amounts) 2018 2017 2016 O B. 135.3 times Net revenue 42,142 S 35,614 S 31,125 OC. $34,119. 34,119 29.160 25,222 Cost of goods sold O D. very slow. 8,023 6,454 5,903 Gross profit Operating expenses: Selling, general, and administrative 3,400 3,375 2,888 Research, development, and englineering 554 560 535 503 Special charges 3,954 3,935 3,926 Total operating expenses 2519 1.977 Oneratina income 4.069 Print Done Click to select your answer. 43 of 50 (9 complete) Data Table OrU33 prom Operating expenses: 2,888 3,375 3,400 Selling, general, and administrative 535 560 554 Research, development, and engineering 503 Special charges 3,926 3,935 3,954 Total operating expenses 2,519 1,977 4,069 Operating income (48) 191 189 Investment and other income (loss), net 1,929 2,710 4,258 Income before income taxes 477 925 1,030 Income tax expense 1.452 1,785 S$ 3,228 $ Net income Earnings per common share. 0 96 S 041 1.34 S Basic Done Print 43 of 50 (9 complete) v i Data Table Hialeah Medical Corporation Consolidated Statements of Financial Position December 31, (In Millions) 2018 2017 Assets: Current assets Cash and cash equivalents 4 299 $ 4.204 Short-term investments 811 518 Accounts and notes receivable 2.403 3.406 Inventories, at cost 448 406 1220 1.689 Prepaid expense and other current assets Total current assets 10,653 8751 Property and equipment, net 935 1.517 Print Done 43 of 50 (9 complete) i Data Table 6,513 5,325 Investments 219 165 Other non-current assets 2$ 18,902 $ 15,176 Total assets Liabilities and stockholder's equity: Current liabilities Accounts payable 7,703 S 6,008 3,688 3.022 Accrued and other liabilities Total current liabilities 11,391 9,030 Long-term debt 308 309 1,682 1,185 Other non-current liabilities Total liabilities 13.381 10.524 Stockholders equity Preferred stock and capital in excess of $0.02 par value: Print Done %24 43 of 50 (9 complete) Data Table follo heet 10,524 13,381 r 201 Total liabilities Stockholders' equity Preferred stock and capital in excess of $0.02 par value; shares issued and outstanding: none Common stock and capital in excess of $0.05 par value; shares authorized 6,000; shares issued: 2,698 and 7,810 7,000 2.436, respectively (4,420) (6,200) Treasury stock, at cost; 189 and 127 shares, respectively 4,041 2,160 Retained earnings (98) (32) (46) Other comprehensive loss (42) Other 4.652 5,521 Total stockholders' equity 15,176 18.902 S Total liabilities and stockholders equity Print Done

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