Survey of Accounting (Accounting I)
Solutions
Survey of Accounting (Accounting I)
Debt and price-earnings ratios
Alphabet (formerly known as Google) (GOOG) is a technology company that offers users Internet search and e-mail services. Google also developed the Android operating system for use with cell phones and other mobile devices. The following data (in millions) were adapted from a recent financial statement of Alphabet.
Given your answer to part (1), what is the ratio of stockholders' equity to total assets? Round to one decimal place.
Concept Introduction:
Debt Ratio:
Debt ratio is the relationship between the Total liabilities and Total Assets of a corporation. Debt ratio shows the part of assets financed by debts. It is calculated by dividing total liabilities by total assets. The formula of debt ratio is as follows:
To Calculate:
The Stockholder's Equity to total asset ratio using the Debt Ratios for year 1 and 2
The Stockholder's Equity to total asset ratio using the Debt Ratios for year 1 and 2 is calculated as follows;
| $ in Millions | Year 1 | Year 2 |
| Total Liabilities (A) | $30,624 | $27,996 |
Chapter 8 Solutions
Additional Business Solutions
Find more solutions based on key concepts
Show solutions addGo Systems had the following payroll data for wages for the week ended February 5. The state income tax is assu...
College Accounting (Book Only): A Career Approach
Comparing inventory methods Assume that a firm separately determined inventory under FIFO and LIFO and then com...
Accounting (Text Only)
After the adjusting entries are recorded and posted and the financial statements have been prepared, you are re...
College Accounting (Book Only): A Career Approach
When fees are earned and the customer promises to pay later, which account is debited? (a) Cash (b) Accounts Re...
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
Indicate which of the following errors, each considered individually, would cause the trial balance totals to b...
Financial Accounting
Payroll register The following data for Throwback Industries Inc. relate to the payroll for the week ended Dece...
Financial & Managerial Accounting
Which of the following associations requires a separate table in the database? a. I:I b. I:M c. M:M d. All of t...
Accounting Information Systems
When should a seller account for a contract modification as a separate contract?
Intermediate Accounting: Reporting And Analysis
Flow of costs and income statement Ginocera Inc. is a designer, manufacturer, and distributor of custom gourmen...
Financial & Managerial Accounting
Use the following information for Brief Exercises 8-19 and 8-20: Shown below is a segmented income statement fo...
Managerial Accounting: The Cornerstone of Business Decision-Making
McIntyre Company adheres to a policy of depositing all cash receipts in a bank account and making all payments ...
Financial And Managerial Accounting
We-Sell Realty, organized August 1, 2016, is owned and operated by Omar Farah. How many errors can you find in ...
Financial Accounting
What happens to the special journal in a computerized accounting system that uses electronic forms?
Accounting
Does a discounted note payable provide credit without interest? Discuss.
Corporate Financial Accounting
PURCHASES JOURNAL, GENERAL LEDGER, AND ACCOUNTS PAYABLE LEDGER The purchases journal of Kevins Kettle, a small ...
College Accounting, Chapters 1-27
What are the major functions of packaging?
Foundations of Business (MindTap Course List)
Certain liability and net worth items generally increase spontaneously with increases in sales. Put a check mar...
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
COST OF COMMON EQUITY The Bouchard Companys EPS was 6.50 in 2016, up from 4.42 in 2011. The company pays out 40...
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Contrast the focus of marketing activities during the five eras of marketing history.
Contemporary Marketing
Discuss the differences between statistics as numerical facts and statistics as a discipline or field of study.
Statistics for Business & Economics, Revised (MindTap Course List)
Why is a country better off not isolating itself from all other countries? Why do we have markets, and accordi...
Essentials of Economics (MindTap Course List)
(Externalities) Suppose there is an external cost, or negative externality, associated with production of a cer...
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
What is a market? What are the characteristics of a perfectly competitive market?
Brief Principles of Macroeconomics (MindTap Course List)
Discover how the Internet is affecting global marketing
MKTG 12:STUDENT ED.-TEXT
CROSS RATES Suppose the exchange rate between the U.S. dollar and the Swedish krona was 7.97 krona = 1, and the...
Fundamentals of Financial Management (MindTap Course List)
What are the two subfields into which economics is divided? Explain what each subfield studies.
Principles of Macroeconomics (MindTap Course List)
A German worker takes 400 hours to produce a car and 2 hours to produce a case of wine. A French worker takes 6...
Principles of Microeconomics (MindTap Course List)
An economy is operating with output that is 400 billion below its natural level, and fiscal policymakers want t...
Principles of Economics (MindTap Course List)
Why do economists oppose policies that restrict trade among nations?
Principles of Macroeconomics (MindTap Course List)
FUTURE VALUE: ANNUITY VERSUS ANNUITY DUE What's the future value of a 7%. 5-year ordinary annuity that pays 300...
Fundamentals of Financial Management (MindTap Course List)
Table 1.8 shows a data set containing information for 25 of the shadow stocks tracked by the American Associati...
STATISTICS F/BUSINESS+ECONOMICS-TEXT
The following questions are about your feelings toward communication with other people. Indicate the degree to ...
Management, Loose-Leaf Version
Communication Technology E-Mail Social Media Team Web. The millennial (those born after 1985) do not remember a...
Essentials of Business Communication (MindTap Course List)
In most countries, the birth rate has fallen as incomes and the economic opportunities for women have increased...
Exploring Economics
Fraud is sometimes discovered when looking at one piece of information within the context of overall data. For ...
Pkg Acc Infor Systems MS VISIO CD
What are the steps in the IPP, and what happens at each step?
Accounting Information Systems
What is tactical cost analysis? What steps in the tactical decision-making model correspond to tactical cost an...
Cornerstones of Cost Management (Cornerstones Series)
Rena Reynolds, one of your firms workers, has just come into the payroll department and says to you: I am think...
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Entries for receipt and dishonor of notes receivable Journalize the following transactions in the accounts of M...
Corporate Financial Accounting
Case 3-80 Comparative Analysis: Under Armour, Inc., versus VF Columbia Sportswear Refer to the 10-K reports of ...
Cornerstones of Financial Accounting
Explain how the CPI is computed.
Macroeconomics
Suppose the United States can produce 120 units of X at an opportunity cost of 20 units of Y and the United Kin...
Economics (MindTap Course List)
The term socialism refers to which of the following? a. A religion centered on community interaction b. An econ...
Micro Economics For Today
Which of the following is true about renewable natural resources? a. They are a type of land resource (for exam...
Economics For Today
Based on Spencer et al. (1990). When you lease 800 phone numbers from ATT for telemarketing, ATT uses an optimi...
Practical Management Science
Jackies alarm clock buzzes. She reaches over to the small table next to her bed and turns it off. As she pulls ...
Microeconomics
Would you agree that the importance of the individual supply chain management activities vary with the type of ...
Purchasing and Supply Chain Management
