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3. Selected balance sheet and income statement information from Version Communications Inc. follows (for balance sheet accounts, the numbers are the balances at the end

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3. Selected balance sheet and income statement information from Version Communications Inc. follows (for balance sheet accounts, the numbers are the balances at the end of the year). $ millions 2018 2017 Current assets 34,636 29,913 Current liabilities 37,930 33,037 Total liabilities 3 82,308 391,875 Equity 54,710 44,687 Earnings before interest and taxes 22,278 27,425 Interest expense, gross 4,833 4,733 Net cash ow from ogerating activities 34,339 24,318 The current ratio for Verizon at the end of 201 8 is: a. 1.36

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