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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 $ millions HAL

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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 $ millions HAL SLB Cash and equivalents $2,008 $1,433 Short-term investments 1,344 Accounts receivable 5,339 8,039 Current assets 11,151 15,731 Current liabilities 4,898 13,756 Total liabilities 16,438 33,921 Total equity 9,735 37,318 Earnings before interest and tax (EBIT) |2,516 3,111 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). HAL SLB 1. Current ratio O O 2. Quick ratio O 3. Times interest earned 4. Liabilities-to-equity O 0 b. Which company appears more liquid? c. Which company appears more solvent? Please answer all parts of the

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