Compute and Interpret Liquidity, Solvency and Coverage Ratio:s Selected balance sheet and income statement information from Verizon Communications follows. $ millions) Current assets Current liabilities Total debt Total liabilities Equity Earnings before interest and taxes Interest expense Net cash flow from operating activities $ 22,012 $ 21,820 (a) Compute the current ratio for each year and discuss any trend in liquidity. (Round your answers to two decimal places.) 2005 current ratio- 2004 current ratio - 2005 2004 16,448 $ 19,479 25,063 23,129 39,010 39,267 101,696 103,345 66,434 62,613 12,787 12,496 2,180 2,384 What additional information about the numbers used to compute this ratio might be useful in helping you assess liquidity? (Select all that apply) The maturity schedule of current liabilities .The average stock price for the industry The average current ratio for the industry The amount of current assets that is concentrated in relatively illiquid inventories (b) Compute times interest earned, total liabilities-to-equity, and net cash from operating activities to total debt ratios for each year. (Round your answers to two decimal places.) 2005 times interest earned- 2004 times interest earned- 2005 total liabilities-to-equity- 2004 total liabilities-to-equity 2005 net operating cash flow to total debt- 2004 net operating cash flow to total debt