Motorola Credit Corporation's annual report Net revenue (sales) Net earnings Total assets Total liabilities Total stockholders' equity (dollars in millions) $ 285 157 2,115 1,838 277 a. Find the total debt to total assets ratio. Note: Round your answer to the nearest hundredth perces Total debt to total assets %

FINANCIAL ACCOUNTING
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Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Motorola Credit Corporation's annual report
Net revenue (sales)
Net earnings
Total assets
Total liabilities.
Total stockholders' equity
Total debt to total assets
(dollars in
millions)
$ 285
157
a. Find the total debt to total assets ratio.
Note: Round your answer to the nearest hundredth percent.
Return on equity
2,115
1,838
277
b. Find the return on equity ratio.
Note: Round your answer to the nearest hundredth percent.
%
%
Transcribed Image Text:Motorola Credit Corporation's annual report Net revenue (sales) Net earnings Total assets Total liabilities. Total stockholders' equity Total debt to total assets (dollars in millions) $ 285 157 a. Find the total debt to total assets ratio. Note: Round your answer to the nearest hundredth percent. Return on equity 2,115 1,838 277 b. Find the return on equity ratio. Note: Round your answer to the nearest hundredth percent. % %
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