Company: Visa Inc.ItemAmount (in millions)Cash and Cash Equivalents$18,210Accounts Receivable$9,650Inventory$0Total Current Assets$35,860Property, Plant, Equipment$10,980Total Assets$72,000Accounts Payable$4,730Short-term...
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Accounting
Company: Visa Inc.
Item | Amount (in millions) |
Cash and Cash Equivalents | $18,210 |
Accounts Receivable | $9,650 |
Inventory | $0 |
Total Current Assets | $35,860 |
Property, Plant, Equipment | $10,980 |
Total Assets | $72,000 |
Accounts Payable | $4,730 |
Short-term Debt | $1,980 |
Total Current Liabilities | $18,960 |
Long-term Debt | $17,440 |
Total Liabilities | $36,400 |
Total Equity | $35,600 |
Questions:
- Calculate Visa's current ratio.
- Determine Visa's quick ratio (acid-test ratio).
- What is Visa’s debt to equity ratio?
- Compute the working capital of Visa.
- If Visa had net sales of $24,105 million and cost of goods sold of $7,380 million, what is the inventory turnover ratio?
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