Capital Structures

Find three different financial statements that have varying capital structures. Write a paragraph about each that explains the debt-equity relationship and that computes the percent of debt and percent of equity represented.

Period Ending | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 |

|

|

Liabilities |

Current Liabilities |

| Accounts Payable | 9,906,000   | 9,113,000   | 10,182,000   | 9,259,000   |

| Short/Current Long Term Debt | 2,300,000   | 3,300,000   | 2,999,000   | 2,246,000   |

| Other Current Liabilities | 21,536,000   | 22,210,000   | 24,236,000   | 20,424,000   |

|

Total Current Liabilities | 33,742,000   | 34,623,000   | 37,417,000   | 31,929,000   |

Long Term Debt | 20,676,000   | 12,632,000   | 12,601,000   | 11,949,000   |

Other Liabilities | 9,790,000   | 9,587,000   | 10,000,000   | 9,721,000   |

Deferred Long Term Liability Charges | 4,235,000   | 3,865,000   | 3,469,000   | 3,818,000   |

Minority Interest | -   | -   | -   | -   |

Negative Goodwill | -   | -   | -   | -   |

|

Total Liabilities | 68,443,000   | 60,707,000   | 63,487,000   | 57,417,000   |

|

Stockholders' Equity |

Misc Stocks Options Warrants | -   | -   | -   | -   |

Redeemable Preferred Stock | -   | -   | -   | -   |

Preferred Stock | -   | -   | -   | -   |

Common Stock | 67,476,000   | 67,230,000   | 67,306,000   | 66,826,000   |

Retained Earnings | 14,347,000   | 11,680,000   | 9,895,000   | 7,657,000   |

Treasury Stock | -   | -   | -   | -   |

Capital Surplus | -   | -   | -   | -   |

Other Stockholder Equity | 3,277,000   | 2,731,000   | 1,743,000   | 2,205,000   |

|

Total Stockholder Equity | 85,100,000  | | | |

The first company I have chosen is the one and only Microsoft Corporation. As noted from the above statement, Microsoft has almost $68.5 million in total liabilities in the 3 months ending December 2013. Microsofts liabilities consisted of $33.7 million in current...