AMD Stock Inc.
Balance Sheet as of February 14, 2018($ thousands) Assets: Liabilities and Equity: Cash and marketable securities $ 396,494 Accounts payable Accounts receivable 708,275 Notes payable Inventory 1,152,398 Accrued income taxes Other current assets 42,115 Total current assets $2,299,282 Total current liabilities Net plant and equipment 1,978,455 Long-term debt Total liabilities Common stock Retained earnings Total common equity Total assets $4.277.737 Total liabilities and equity
$ 817,845 101,229 41,322
$ 960,396 1,149,520 $2,109,916 1,312,137 855,684 $2,167,821 $4,277,737
AMD Stock Inc.
Income Statement for the Fiscal Year Ended June 30,2018 ($ thousands)
% of Net Sales $2,110,965 100.0 1,459,455 69.1 312,044 14.8 27,215 1.3
Net sales Cost of goods sold Selling and administrative expenses Nonrecurring expenses Earnings before interest, taxes, depreciation and amortization (EBITDA) Depreciation Earnings before interest and taxes (EBIT) Interest expense Earnings before taxes (EBT) Taxes (35%) Net income
$ 312,251 112,178 $ 200,073 117,587 $ 82,486 28,870 $ 53,616
14.8 5.3 9.5 5.6 3.9 1.4 2.5
- 2.
Using the 2018 data above for AMD Stock Inc., calculate the following liquidity ratios: a. Current ratio b. Quick ratio
