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Assigning a Long-Term Debt Rating Using Financial Ratios Refer to the information below from Stryker's 2018 financial statements. Use the information to answer the requirements

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Assigning a Long-Term Debt Rating Using Financial Ratios Refer to the information below from Stryker's 2018 financial statements. Use the information to answer the requirements (5 millions). Revenue $13.601 Interest expense, gross $181 Depreciation expense 305 Dividends, including to noncontrolling interest 717 Amortisation expense 417 Cash and cash equivalents 3,616 Operating profit (EBIT) 2.537 Marketable securities 83 Total debt 9,859 Average assets 24713 Cash from operating activities 2,610 CAPEX Funds from operations 2,852 572 a. Compute the following 10 Moody's metrics for Stryker for 2018. Round all answers (except Revenue) to one decimal place (example for percentage ratios: 0.2345 23.5%). Compute and interpret Liquidity, Solvency and Coverage Ratios Selected balance sheet and income statement information for Calpine Corporation for 2004 and 2006 follows. (5 millions) 2004 2006 Cash $ 1,476.73 $ 1,503.36 Accounts receivable 1,097.16 735.30 Current assets 3,363.56 2,843.33 Current liabilities 3,285.39 6,057.95 Long-term debt 16,700.81 3,621.63 Short-term debt 1,033.96 4,568.83 Total liabilities 22,658.42 25,653.17 Interest expense 1,516.90 1,288.29 Capital expenditures 1,545.48 311.50 Equity 4,587.67 (7,152.90) Cash from operations 227.89 165.98 Earnings before interest and taxes 1,589.84 1,917.84 (a) Compute the following liquidity, solvency and coverage ratios for both years. (Round your answers to two decimal pla

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