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Compute and Interpret Liabilities-to-Equity Ratio (LO1) Selected balance sheet and income statement information from Verizon Communications, Inc., for 2012 and 2011 follows ($ millions). E3-32.
Compute and Interpret Liabilities-to-Equity Ratio (LO1) Selected balance sheet and income statement information from Verizon Communications, Inc., for 2012 and 2011 follows ($ millions). E3-32. Total Total CurrentIncome Current Assets Current Pretax Interest Total Stockholders Liabilities Income Expense LiabilitiesEquity 2012. $21,235 $26,956 $ 9,897 $2,571 $139,689 $85,533 30,761 10,483 2,827 144,55385,908 2011. 30,939 Compute the liabilities-to-equity ratio for each year and discuss any noticeable change. What is your overall assessment of the company's financing risks from the analysis in part a? Explain. a. b
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