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Compute Liquidity and Solvency Ratios for Competing Firms Halliburton and Schlumberger compete in the oil field services sector. Refer to the following 2018 financial data

image text in transcribedimage text in transcribed Compute Liquidity and Solvency Ratios for Competing Firms Halliburton and Schlumberger compete in the oil field services sector. Refer to the following 2018 financial data for the two companies to answer the requirements. 5 millions HAL SLB Cash and equivalents Short-term investments Accounts receivable Current assets Current liabilities Total liabilities Total equity $2,008 $1,433 1,344 5,234 7,881 11,151 15,731 4,802 13,486 16,438 33,921 9,544 36,586 Earnings before interest and tax (EBIT) 2,467 3,050 Interest expense, gross 554 537 a Compute the following measures for both companies. Note: Round your final answers to two decimal places (for example, enter 6.78 for 6.77555). a. Compute the following measures for both companies. Note: Round your final answers to two decimal places (for example, enter 6.78 for 6.77555). HAL SLB 1. Current ratio 0 0 2. Quick ratio 0 0 3. Times interest earned 0 0 4. Liabilities-to-equity 0 0 b. Which company appears more liquid? c. Which company appears more solvent? Check + HAL SLB

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