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A. Compute the following liquidity solvency and coverage ratios for both years. Current Ratio Quick Ratio Liabilities-to-equity Ratio Times interest Ratio Cash from operations to

A. Compute the following liquidity solvency and coverage ratios for both years.
Current Ratio
Quick Ratio
Liabilities-to-equity Ratio
Times interest Ratio
Cash from operations to total debt
Free operating cash flow to total debt
B. What is your overall assessment of the companys credit risk? Explain. What differences do you observe between the two years? image text in transcribed
Compute and Interpret Liquidity, Solvency, and Coverage Ratios Selected balance sheet and income statement information for Nordstrom Inc. for 2015 and 2016 follows. LO3 E4-26. OM INC. $ millions 2016 2015 Cash Current assets . .. . Long-term debt... $ 595 196 3,014 2,911 2,795 10 6,827 153 1,082 871 2,451 1,101 $ 827 2,306 5,224 2,800 3,123 6,805 156 861 2,440 1,220 1,323 Capital expenditures Equity Earnings before interest and taxes

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