Compute and Interpret Liquidity and Solvency Ratios

Selected balance sheet and income statement information from Comcast Corporation for 2015 and 2014 follows ($ millions).

Total Current Assets Total Current Liabilities Income Before Interest and Taxes Interest Expense Total Liabilities *Stockholders' Equity

2015 $12,303 $18,178 $15,673 $2,702 $112,596 $53,978

2014 13,531 17,410 15,001 2,617 106,118 53,068

*Includes redeemable noncontrolling interests

a. Compute the current ratio for each year.

Round answers to two decimal places.

Current Ratio

2015

Answer

2014

Answer

b. Compute times interest earned and the liabilities-to-equity ratio for each year.

Round answers to two decimal places.

Times interest Liabilities to

earned equity

2015 Answer

Answer

2014Answer

Answer