Refer to the financial information of Amgen, Inc. in P4-44 to answer the following requirements. section*{Required} a.

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Refer to the financial information of Amgen, Inc. in P4-44 to answer the following requirements.

\section*{Required}

a. Compute current ratio and quick ratio for 2007 and 2006. Comment on any observed trends.

b. Compute times interest earned and its liabilities-to-equity ratios for 2007 and 2006. Comment on any noticeable change.

c. Summarize your findings about the company's liquidity and solvency. Do you have any concerns about its ability to meet its debt obligations?

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Financial Accounting For MBAs

ISBN: 9781934319345

4th Edition

Authors: Peter D. Easton, John J. Wild, Robert F. Halsey, Mary Lea McAnally

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