Company: Pfizer Inc.

Item	Amount (in millions)
Cash and Cash Equivalents	$22,000
Accounts Receivable	$15,000
Inventory	$7,500
Total Current Assets	$55,000
Property, Plant, Equipment	$40,000
Total Assets	$120,000
Accounts Payable	$8,000
Short-term Debt	$3,000
Total Current Liabilities	$15,000
Long-term Debt	$20,000
Total Liabilities	$50,000
Total Equity	$70,000

Questions:

1. Calculate Pfizer's current ratio.
2. Determine Pfizer's quick ratio (acid-test ratio).
3. What is Pfizer’s debt to equity ratio?
4. Compute the working capital of Pfizer.
5. If Pfizer had net sales of $92,000 million and cost of goods sold of $40,000 million, what is the inventory turnover ratio?