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Following is selected financial information from Cisco Systems Inc. for the year ended July 30, 2016...

Following is selected financial information from Cisco Systems Inc. for the year ended July 30, 2016 ($ millions).

Cash,endingyear ................ $ 7,631                              Totalliabilities.................. $ 58,067

Cash from operating activities . . . . . . . 13,570               Cash from financing activities . . . . . (4,699) Sales........................... 49,247                                             Noncashassets ................ 114,021

Stockholders’equity .............. 63,585                             Cashfrominvestingactivities...... (8,117) Costofgoodssold................ 18,287                                  Netincome.................... 10,739

Totalexpenses(otherthancostof                                       Cash,beginningyear............ 6,877

goodssold)..................20,221 f

  1. Prepare the income statement, balance sheet and the statement of cash flows for Cisco System for the fiscal year ended July 30, 2016.
  2. Do the negative amounts for cash from investing- activities and cash from financing activities concern us? Explain
  3. Using the statements prepared for part a compute the following ratios (for this part only use the year-end balance instead of the average for assets and stockholder’s equity;
  1. Profit margin
  2. Asset turnover
  3. Return on assets
  4. Return on equity

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ekkarill92 answered 2 years ago
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