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what is the largest single asset on the balance sheet

1999 2000 2002 2003 2004
Tangible Book Value NA 11 6.17 4.53 5.23
Cash Flow NA 3.00 2.68 2.46 5.52
Earnings 3.18 2.2 0.89 2.87 3.41
S&P Core Earnings NA 1.99 1.33 0.26 -0.06
Dividends 1.00 0.75 0.68 0.68 0.68
Payout Ratio 30% 31% 75% 25% 21%
Prices:High 73 53 43 51 70
Prices:Low 49 34 24 28 27
P/E Ratio:High 20 27 49 18 20
P/E Ratio:Low 13 14 25 11 9

Income Statement Analysis (Million $)
Revenue NA 52,457 50,485 54,069 58,198
Operating Income NA 3,405 3,198 5,447 6,467
Depreciation NA 1,509 1,450 1,497 1,750
Interest Expense NA 685 800 730 650
Pretax Income NA 1,960 550 1,353 3,565
Effective Tax Rate NA 7.14% NM 63.6% 20.7%
Net Income NA 1,820 718 492 2,827
S&P Core Earnings NA 1,616 1,074 203 284

Balance Sheet & Other Financial Data (Million $)
Cash NA 3,204 4,633 2,333 633
Current Assets NA 15,100 17,258 16,855 16,206
Total Assets NA 53,963 53,035 52,342 48,343
Current Liabilities NA 20,835 18,448 19,810 20,486
Long Term Debt NA 10,879 13,299 12,589 10,866
Common Equity NA 11,286 8,139 7,696 10,825
Total Capital NA 23,255 21,438 20,285 21,868
Capital Expenditures NA 978 741 1,001 1,068
Cash Flow NA 3,329 2,168 1,989 4,577
Current Ratio NA 0.7 0.9 0.9 0.8
% LTDebt of Cap NA 46.8 62.0 62.1 49.7
% Net Income Rev NA 3.5 1.4 0.9 4.9
% Return on Assets NA 3.4 1.4 1.0 6.2
% Return on Equity NA 18.7 9.1 5.3 25.9
Am I able to solve a and b given the above information; if so how would I solve these questions?
a. For fiscal year 2002, what is the largest single asset for this company's balance sheet?

b. Calculate the ratio of cash and equivalents to total assets for fiscal year 2002.

Solution Preview

Hi there,

In order to be able to discern what the largest single asset is for this company's balance sheet, one would need ...

$2.19