Review the 2018 Annual Report (Form 10-K) for Newmont Mining Corporation (financial statements begin on page 107 of the PDF) and respond to the questions / requirements below.
- What types of fixed assets does this company own (described in detail in the notes to the financial statements)? Are appropriate costs included in the amounts recorded by this company for fixed assets?
- What types of current liabilities does this company have, and what accounting complications are associated with these liabilities?
3.Related to evaluating profitability, compute the gross profit ratio, profit margin ratio, asset turnover ratio, return on equity ratio, and payout ratio for this company.