Calculate the following financial ratios for The Boeing Company: Return on Shareholders’ Equity Return on Assets Return on Sales Gross profit margin ratio Receivable Turnover Receivable Ratio Period Inventory Turnover Inventory-on-hand period Asset Turnover Cash and marketable securities to total assets Quick ratio Current ratio Accounts payable turnover Days’ payable turnover Financial leverage Long-term debt to shareholders’ equity Interest coverage ratio

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 23MCQ
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Calculate the following financial ratios for The Boeing Company:

Return on Shareholders’ Equity

Return on Assets

Return on Sales

Gross profit margin ratio

Receivable Turnover

Receivable Ratio Period

Inventory Turnover

Inventory-on-hand period

Asset Turnover

Cash and marketable securities to total assets

Quick ratio

Current ratio

Accounts payable turnover

Days’ payable turnover

Financial leverage

Long-term debt to shareholders’ equity

Interest coverage ratio

(amounts in millions)
2017
Balance sheet
Cash and cash equivalents.
$ 8,813
1,179
11,088
Marketable securities
Accounts receivable (net)
Inventory..
61,388
85,194
112,362
Total current assets
Total assets.. ..
Current portion of long-term debt
Total current liabilities.
435
74,468
Long-term debt..
Shareholders' equity.
8,021
1,713
Income statement
Net sales..
Cost of goods sold
Interest expense.
$ 94,005
76,542
360
Net income before taxes.
10,107
8,458
Net income
Transcribed Image Text:(amounts in millions) 2017 Balance sheet Cash and cash equivalents. $ 8,813 1,179 11,088 Marketable securities Accounts receivable (net) Inventory.. 61,388 85,194 112,362 Total current assets Total assets.. .. Current portion of long-term debt Total current liabilities. 435 74,468 Long-term debt.. Shareholders' equity. 8,021 1,713 Income statement Net sales.. Cost of goods sold Interest expense. $ 94,005 76,542 360 Net income before taxes. 10,107 8,458 Net income
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