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Compute and Interpret Liquidity and Solvency Ratios ed balance sheet and income statement information from Comcast Corporation for 2015 and Select 2014 follows (S millions).
Compute and Interpret Liquidity and Solvency Ratios ed balance sheet and income statement information from Comcast Corporation for 2015 and Select 2014 follows (S millions). Income Before Interest Total Current Total Current and Interest Total Equity Assets Liabilities Taxes Expense Liabilities* 2015... .$12,303 $18,178 $15,673 $2,702 $112,596 2014.... 13,531 $53,978 53,068 17,410 15,001 2,617 106,118 Includes redeemable noncontrolling interests a. Compute the current ratio for each year and discuss any trend in liquidity. Do you believe the com- pany is sufficiently liquid? Explain. What additional information about the accounting numbers comprising this ratio might be useful in helping you assess liquidity? Explain. ticeable change. a and b? Explain. Hint: Compare the ratios for Comcast to those provided in the module for publicly b. Compute times interest earned and the liabilities-to-equity ratio for each year and discuss any no- C. What is your overall assessment of the company's liquidity and solvency fronm the analyses in parts traded companies
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