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Author Question: Balance SheetMolson Coors Inc.Years 1 & 2 ($000s)Year 1Year 2Cash & Marketable ... (Read 23 times)

Ebrown

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Balance Sheet
Molson Coors Inc.
Years 1 & 2 ($000s)
Year 1Year 2
Cash & Marketable Securities309,70559,167
Accounts Receivable108,732705,426
Inventories138,577215,159
Other Current Assets49,51574,144
Total Current Assets606,5291,053,896
PP&E, Net869,7101,380,239
Intangibles86,2891,256,145
Other Assets177,164607,131
Total Assets1,739,6924,297,411
Accounts Payable222,493334,647
Other current liabilities210,052669,195
Short-term Debt85,000144,049
Total Current Liabilities517,5451,147,891
Long-term debt20,0001,383,392
Other long-term liabilities250,835784,277
Total liabilities788,3803,315,560
Capital Stock8,92228,334
Retained earnings954,9811,086,965
Adjustments-12,591-133,448
Total shareholders' equity951,312981,851
Total Liabilities & Equity1,739,6924,297,411


Income Statement
Molson Coors Inc.
Years 1 & 2 ($000s)
Year 1Year 2
Revenues2,429,4623,776,322
COGS1,537,6232,414,530
Depreciation121,091230,299
SG&A619,143833,208
EBIT151,605298,285
Interest Expense-14,40349,732
Other income32,0058,047
Pre-Tax Income198,013256,600
Income Tax75,04994,947
Net Income122,964161,653
Shares outstanding36,90236,140
Earnings per share$3.33$4.47
Dividends per common share$0.80$0.82

Referring to the Molson Coors financial statements, what asset was the main reason for the decline in Total Asset Turnover between Year 1 and Year 2?
◦ Property Plant and Equipment
◦ Cash and Marketable Securities
◦ Inventory
◦ Intangibles
◦ Accounts Receivable


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Marked as best answer by Ebrown on Apr 25, 2021

cpetit11

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Ebrown

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review


pratush dev

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Reply 3 on: Yesterday
:D TYSM

 

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