INCOME STATEMENT OF QUICK BURGER CORP., 2016 (Figures in $ millions) $ 27,587 17,589 1,422 $ 8,576 Net sales Costs Depreciation Earnings before interest and taxes (EBIT) Interest expense Pretax income 537 8,039 2,814 $ 5,225 Таxes Net income BALANCE SHEET OF QUICK BURGER CORP., 2016 (Figures in $ millions) 2015 Liabilities and Shareholders' Equity Assets 2016 2016 2015 Current liabilities 2,356 Debt due for repayment 1,355 Accounts payable Current assets Cash and marketable securities Receivables 2,356 1,395 427 Total current liabilities 3,423 3,423 3,163 3,590 Inventories 142 137 Other current assets 1,109 5,002 636 Total current assets Fixed assets 4,484 Property, plant, and equipment Intangible assets (goodwill) Other long-term assets 24,697 2,824 3,003 Long-term debt 22,855 other long-term liabillities Total liabilities Total shareholders' equity 13,653 3,077 20,153 15,373 12,154 2,977 18,721 14,410 2,673 3,119 Total assets 35,526 33,131 Total liabilities and shareholders' equity 35,526 33,131 In 2016 Quick Burger had capital expenditures of $3,069.
INCOME STATEMENT OF QUICK BURGER CORP., 2016 (Figures in $ millions) $ 27,587 17,589 1,422 $ 8,576 Net sales Costs Depreciation Earnings before interest and taxes (EBIT) Interest expense Pretax income 537 8,039 2,814 $ 5,225 Таxes Net income BALANCE SHEET OF QUICK BURGER CORP., 2016 (Figures in $ millions) 2015 Liabilities and Shareholders' Equity Assets 2016 2016 2015 Current liabilities 2,356 Debt due for repayment 1,355 Accounts payable Current assets Cash and marketable securities Receivables 2,356 1,395 427 Total current liabilities 3,423 3,423 3,163 3,590 Inventories 142 137 Other current assets 1,109 5,002 636 Total current assets Fixed assets 4,484 Property, plant, and equipment Intangible assets (goodwill) Other long-term assets 24,697 2,824 3,003 Long-term debt 22,855 other long-term liabillities Total liabilities Total shareholders' equity 13,653 3,077 20,153 15,373 12,154 2,977 18,721 14,410 2,673 3,119 Total assets 35,526 33,131 Total liabilities and shareholders' equity 35,526 33,131 In 2016 Quick Burger had capital expenditures of $3,069.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
The images contain the questions - I am unable to figure out part c.
Transcribed Image Text:INCOME STATEMENT OF QUICK BURGER CORP., 2016
(Figures in $ millions)
$ 27,587
17,589
1,422
$ 8,576
Net sales
Costs
Depreciation
Earnings before interest and taxes (EBIT)
Interest expense
Pretax income
537
8,039
2,814
$ 5,225
Таxes
Net income
BALANCE SHEET OF QUICK BURGER CORP., 2016
(Figures in $ millions)
2015
Liabilities and Shareholders' Equity
Assets
2016
2016
2015
Current liabilities
2,356 Debt due for repayment
1,355 Accounts payable
Current assets
Cash and marketable securities
Receivables
2,356
1,395
427
Total current liabilities
3,423
3,423
3,163
3,590
Inventories
142
137
Other current assets
1,109
5,002
636
Total current assets
Fixed assets
4,484
Property, plant, and equipment
Intangible assets (goodwill)
Other long-term assets
24,697
2,824
3,003
Long-term debt
22,855 other long-term liabillities
Total liabilities
Total shareholders' equity
13,653
3,077
20,153
15,373
12,154
2,977
18,721
14,410
2,673
3,119
Total assets
35,526
33,131
Total liabilities and shareholders' equity
35,526
33,131
In 2016 Quick Burger had capital expenditures of $3,069.
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