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Comprehensive question (6 points) Below is selected balance sheet and income statement information from Hudson & Company. (in millions) 2019 2018 Cash $ 1,583.36 $
Comprehensive question (6 points) Below is selected balance sheet and income statement information from Hudson & Company.
(in millions) | 2019 | 2018 |
Cash | $ 1,583.36 | $ 1,636.73 |
Accounts receivable | 835.30 | 1,197.16 |
Current assets | 3,018.33 | 4,013.56 |
Current liabilities | 6,257.95 | 3,485.39 |
Long-term debt | 3,611.63 | 17,620.81 |
Short-term debt | 4,668.83 | 1,133.96 |
Total liabilities | 26,463.17 | 23,318.42 |
Interest expense | 1,438.29 | 1,666.90 |
Capital expenditures | 1,211.50 | 1,645.48 |
Equity | -7,252.90 | 4,687.67 |
Cash from operations | 685.98 | 610.89 |
Earnings before interest and taxes | 2,002.84 | 1,594.84 |
Compute the following liquidity, solvency and coverage ratios for both years. (Round each computation to two decimal places.) Total debt-to-equity Times interest earned
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