Company: Pfizer Inc.ItemAmount (in millions)Cash and Cash Equivalents$22,000Accounts Receivable$15,000Inventory$7,500Total Current Assets$55,000Property, Plant, Equipment$40,000Total Assets$120,000Accounts Payable$8,000Short-term...
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Question
Accounting
Company: Pfizer Inc.
Item
Amount (in millions)
Cash and Cash Equivalents
$22,000
Accounts Receivable
$15,000
Inventory
$7,500
Total Current Assets
$55,000
Property, Plant, Equipment
$40,000
Total Assets
$120,000
Accounts Payable
$8,000
Short-term Debt
$3,000
Total Current Liabilities
$15,000
Long-term Debt
$20,000
Total Liabilities
$50,000
Total Equity
$70,000
Questions:
Calculate Pfizer's current ratio.
Determine Pfizer's quick ratio (acid-test ratio).
What is Pfizer’s debt to equity ratio?
Compute the working capital of Pfizer.
If Pfizer had net sales of $92,000 million and cost of goods sold of $40,000 million, what is the inventory turnover ratio?
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