Briefly and separately discuss the information provided on each topic of debt and equity separately on Dollar General.
|Dollar General 2016 2015 in thousands|
|Total current liabilities (short term)||1,995,596||1,962,472|
|Total shareholders' equity||5,377,876||5,710,038|
|Total liabilities and shareholder,s equity||11,257,885||11,208,642|
The long term liabilities are those liabilities that are mentioned in the balance sheet having the time limit of more than 1 year. The less than 1-year time limit is known as the short-term liability.
Answer and Explanation:
|Total current liability||1,995,596||1,962,472|
|total shareholder equity||5,377,876||5,710,038|
Company's long term liability has increased which means it has taken more long term loan which is not a good sign as a company has to make periodic payment of interest .more debt the company has riskier company is
Become a member and unlock all Study Answers
Try it risk-free for 30 daysTry it risk-free
Ask a question
Our experts can answer your tough homework and study questions.Ask a question Ask a question
Learn more about this topic:
from Accounting 101: Financial AccountingChapter 10 / Lesson 6