70.2K

Verified Solution

Link Copied!

Hi! I need help with a project and I feel totally lost - I'm not even sure if I'm giving you the right information so if it's not enough to solve the required ratios, please let me know what you need. Thanks!

2020 2019 2018 Liquidity: Current Ratio - CA/CL Quick Ratio = (CA - Inventory) / CL Cash Ratio = Cash / CL NWC = CA-CL NWC to Total Assets = NWC/TA Interval Measure = CA / average daily operating costs Leverage: Total Debt Ratio = (TA-TE)/TA Debt/Equity = TD /TE Equity Multiplier = TA/TE = 1 +D/E Long-term debt ratio = LTD/LTD + TE) 2020 2019 2018 S $ $ 1.125 17,918 1,714 1,014 10,387 1,693 1,498 8.241 911 (Dollars in millions) ASSETS Cash and cash equivalents Cash and investments segregated under federal regulations Securities purchased under agreements to resell Receivable from: Clients M. Mutual funds, insurance companies and other Brokers, dealers and clearing organizations Securities owned, at fair value: Investment securities Inventory securities Lease right-of-use assets Equipment, property and improvements, at cost, net of accumulated depreciation and amortization Other assets 3,504 818 223 3,328 661 204 3.359 555 261 1,302 32 915 332 50 876 250 43 620 149 616 156 555 142 TOTAL ASSETS S 28,320 19.317 15,815 $ S $ LIABILITIES: Payable to: Clients Brokers, dealers and clearing organizations Accrued compensation and employee benefits Lease liabilities Accounts payable, accrued expenses and other 11.117 90 21,241 96 2.104 938 352 24,731 12,891 66 1.747 898 351 15,953 1,465 288 12.960 Commitments and contingencies (Notes 14 and 15) Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans Limited partners Subordinated limited partners General partners Total Reserve for anticipated withdrawals Total partnership capital subject to mandatory redemption 1,237 538 1,300 3,075 514 3,589 1.249 523 1,185 2,957 407 3.364 884 504 1.119 2.507 348 2.855 TOTAL LIABILITIES 28,320 19.317 15.815 2020 2019 2018 Liquidity: Current Ratio - CA/CL Quick Ratio = (CA - Inventory) / CL Cash Ratio = Cash / CL NWC = CA-CL NWC to Total Assets = NWC/TA Interval Measure = CA / average daily operating costs Leverage: Total Debt Ratio = (TA-TE)/TA Debt/Equity = TD /TE Equity Multiplier = TA/TE = 1 +D/E Long-term debt ratio = LTD/LTD + TE) 2020 2019 2018 S $ $ 1.125 17,918 1,714 1,014 10,387 1,693 1,498 8.241 911 (Dollars in millions) ASSETS Cash and cash equivalents Cash and investments segregated under federal regulations Securities purchased under agreements to resell Receivable from: Clients M. Mutual funds, insurance companies and other Brokers, dealers and clearing organizations Securities owned, at fair value: Investment securities Inventory securities Lease right-of-use assets Equipment, property and improvements, at cost, net of accumulated depreciation and amortization Other assets 3,504 818 223 3,328 661 204 3.359 555 261 1,302 32 915 332 50 876 250 43 620 149 616 156 555 142 TOTAL ASSETS S 28,320 19.317 15,815 $ S $ LIABILITIES: Payable to: Clients Brokers, dealers and clearing organizations Accrued compensation and employee benefits Lease liabilities Accounts payable, accrued expenses and other 11.117 90 21,241 96 2.104 938 352 24,731 12,891 66 1.747 898 351 15,953 1,465 288 12.960 Commitments and contingencies (Notes 14 and 15) Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans Limited partners Subordinated limited partners General partners Total Reserve for anticipated withdrawals Total partnership capital subject to mandatory redemption 1,237 538 1,300 3,075 514 3,589 1.249 523 1,185 2,957 407 3.364 884 504 1.119 2.507 348 2.855 TOTAL LIABILITIES 28,320 19.317 15.815

Answer & Explanation Solved by verified expert

See Answer