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Compute and Interpret Coverage, Liquidity and Solvency Ratios Selected balance sheet and income statement information from CVS Health Corp. for 2014 through 2016 follows (5

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Compute and Interpret Coverage, Liquidity and Solvency Ratios Selected balance sheet and income statement information from CVS Health Corp. for 2014 through 2016 follows (5 millions), Total Current Assets Total Current Liabilities EBIT (Operating income) Interest Expense, Gross Total Liabilities Equity 2016 $30,931 $26,250 $10.282 51,058 557.628 $36,723 2015 29,047 23,169 9,398 838 55,234 37.092 2014 25,872 19,027 8,743 600 36,224 37.852 c Compute the total liabilities-to-equity ratio for each year and discuss any trends for each. Round answers to one decimal place. Year Liabilities to Equity 2016 2015 2014 X X X

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