How I can calculate in which year Office Depot has the most financial liquidity using the data Office DepotBalance SheetAssetsCurrent assets: Cashand cash equivalentsShort-terminvestmentsReceivablesMerchandise inventoryDeferred income taxesPrepaid expensesCurrent AssetsFixed assetsTotal AssetsLiabilities and EquityCurrent LiabilitiesLong-Term DebtShareholders' equityLiabilities and Equity19987045411042472144612583555242332780435124484840252831487065509339202887940252831999218784084947814368796827958263105216451314276183194404542441819077204276183Office DepotIncome StatementSalesLest Cost ofSalesGross ProfitLess: OperatingexpenseOperatingIncomenterestIncome beforetaxesLess: TaxesNet Income199819998997738 102632806484464 74503102513274 28129702108515 23996974047592235638240341337926148387225149207129585233196 257638

Ratio analysis is quantitive method of getting inside review of an organisation.it helps in…

Office Depot Balance Sheet Assets Current assets: Cash and cash equivalents Short-term investments Receivables Merchandise inventory Deferred income taxes Prepaid expenses Current Assets Fixed assets Total Assets Liabilities and Equity Current Liabilities Long-Term Debt Shareholders' equity Liabilities and Equity 1998 704541 10424 721446 1258355 242 33 2780435 1244848 4025283 1487065 509339 2028879 4025283 1999 218784 0 849478 1436879 68279 58 2631052 1645131 4276183 1944045 424418 1907720 4276183 Office Depot Income Statement Sales Lest Cost of Sales Gross Profit Less: Operating expense Operating Income interest Income before taxes Less: Taxes Net Income 1998 1999 8997738 10263280 6484464 7450310 2513274 2812970 2108515 2399697 404759 22356 382403 413379 26148 387225 149207 129585 233196 257638

Office Depot Balance Sheet Assets Current assets: Cash and cash equivalents Short-term investments Receivables Merchandise inventory Deferred income taxes Prepaid expenses Current Assets Fixed assets Total Assets Liabilities and Equity Current Liabilities Long-Term Debt Shareholders' equity Liabilities and Equity 1998 704541 10424 721446 1258355 242 33 2780435 1244848 4025283 1487065 509339 2028879 4025283 1999 218784 0 849478 1436879 68279 58 2631052 1645131 4276183 1944045 424418 1907720 4276183 Office Depot Income Statement Sales Lest Cost of Sales Gross Profit Less: Operating expense Operating Income interest Income before taxes Less: Taxes Net Income 1998 1999 8997738 10263280 6484464 7450310 2513274 2812970 2108515 2399697 404759 22356 382403 413379 26148 387225 149207 129585 233196 257638

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 9GI: Give an example and explanation for each of the following differences between when revenues are...

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