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1. Refer to the exhibits for problem P4-29 (pages 4-43 through 4-45 in the book). The exhibits are financial statements for Lockheed Martin Corporation for
1. Refer to the exhibits for problem P4-29 (pages 4-43 through 4-45 in the book). The exhibits are financial statements for Lockheed Martin Corporation for years ending 2016 and 2015 The exhibits provided are as follows: Consolidated Statement of Earnings Consolidated Balance Sheet Consolidated Statement of Cash Flows - Complete the following items: a) For both 2015 and 2016 compute the current rafio and quick ratio. In 2-4 sentences explain and interpret your findings/trends b) For both 2015 and 2016 compute the total liabilities-to equity ratios and total debt-to-equity ratios. In 2-4 sentences explain any trends you observe c) For both 2015 and 2016 compute times interest earned ratios, cashf operations to total debt ratios and free operating cash flow to total debt ratios In 2-4 sentences explain any trends you observe. Do you have any concerns with the company's ability to meet its debt obligation
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