Advanced Micro Devices, a global technology company, reported the following selected items as part of its 2019 annual report (dollars in millions):

INSTRUCTIONS:

Compute the following ratios:
1. Current ratio
2. Quick ratio
3. Receivable turnover (time and days)
4. Interest coverage
5. Return on assets
6. Inventory turnover (times and days)
7. Return on equity

Transcribed Image Text:

2019 2018 Cash $1,466 $1,078 Accounts receivable 1,859 1,235 Inventory 982 845 Current assets 4,597 3,540 Total assets 6,028 4,556 Current liabilities 2,359 1,984 Shareholders' equity 2,827 1,266 Sales 6,371 3,863 Cost of goods sold Interest expense 94 Net income before taxes 372 Net income 341