Compute and Interpret Liquidity, Solvency and Coverage Ratios Balance sheets and income statements for Lockheed Martin Corporation follow. Refer to these financial statements to answer the requirements. Income Statement Year Ended December 31 (in millions) 2005 2004 2003 Net sales Products Service Cost of sales Products Service Unallocated coporate costs $31.518 $30.202 27.290 5.695 5324 4534 37:213 35.526 31.824 27.332 27.637 25.306 5.073 4765 4099 003 914 443 33.750 33.316 29.848 3.455 Other income (expenses at (449) (121) 2210 1.376 43 Operating profit 3.006 2009 2019 Interest expense 370 425 437 Earnings before sa Income tax expense 2436 1.664 1532 811 479 $1325 $1.266 $1.055 Balance Sheet December 31 On milions) Assets Cash and cash Short-term investments Receivables Deferred income taxas 2005 2004 $2364 1760 429 4579 356 4094 1321 1364 361 102 295 Omer current asset Tatal current a Property plant and women net invecoments in equity series 10.449 8673 3.924 2599 196 12