Essay
The following information has been adapted from the 2005 and 2006 annual reports of Microsoft Corporation's worldwide operations, available online at http://www.microsoft.com/msft/reports/default.mspx:
Additional information that might be useful:
In 2005, Microsoft declared and paid a one-time cash dividend of $3.00 per share. At the same time, Microsoft announced plans to repurchase a large amount of its own stock.
-Divide the class into teams of three or four people.Each team member should work the following problem separately outside of class.Then give the students time in class to compare answers with their teammates and put together a final,correct copy of the problem.Each team should turn in only one copy of the problem for grading.All team members will receive the same grade.
Required:
Use the adapted financial statements from Microsoft Corporation to answer the following questions:
13.Use the liquidity ratios you have just calculated to discuss Microsoft's liquidity.
Correct Answer:

Verified
1.$48,737 / $16,877 = 2.89
2.$49,010 / $...View Answer
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Correct Answer:
Verified
2.$49,010 / $...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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