Compute Liquidity and Solvency Ratios Selected balance sheet and income statement information from Verizon Communication

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Compute Liquidity And Solvency Ratios Selected Balance Sheet And Income Statement Information From Verizon Communication 1 (28.91 KiB) Viewed 10 times

Compute Liquidity and Solvency Ratios Selected balance sheet and income statement information from Verizon Communications Inc. follows. 2017 2018 $34,636 $30,511 Current assets Current liabilities 38,689 33,037 Total liabilities 382,308 399,713 Equity 55,804 44,687 Earnings before interest and taxes 22,278 27,974 Interest expense, gross 4,930 4,733 Net cash flow from operating activities 34,339 24,804 $ millions Compute the following ratios for Verizon for both 2018 and 2017. Note: Round amount to two decimal places (for example, enter 6.78 for 6.77555). Ratio a. Current ratio b. Times interest earned. c Liabilities-to-equity Check 2018 2017