Compute and Interpret Liquidity and Solvency Ratios Selected balance sheet and income statement information from Siemens, AG, for 2012 through 2014 follows ( millions).

	Total Current Assets	Total Current Liabilities	Cash Flow from Operations	Pretax Income	Interest Expense	Total Liabilities	Stockholders' Equity
2012	52,128	42,627	6,923	6,636	760	77,396	30,855
2013	46,937	37,868	7,186	5,813	784	73,825	28,111
2014	48,076	36,598	7,230	7,427	764	73,925	30,954

a. Compute the current ratio for each year. Also compute the operating cash flow to current liabilities (OCFCL) ratio for each year. (In 2011, current liabilities totaled 43,560 million.) Round answers to two decimal places. Do not round your final answer.

	Current ratio	OCFCL
2012	Answer	Answer
2013	Answer	Answer
2014	Answer	Answer

b. Compute times interest earned and the debt-to-equity ratio for each year. Round answers to two decimal places. Do not round your final answer.

	TIE	D/E
2012	Answer	Answer
2013	Answer	Answer
2014	Answer	Answer