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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

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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 for the two companies to answer the requirements Smillions HAL SLO Cash and equivalents $2.008 5,433 Short-term investments Accounts receivable 5,286 7,900 Current at 11.151 15.731 Current abilities 4.650 Total abilities 16.438 3.821 Total equity 9.639 36,952 Earnings before interest and tax (EBIT) 2.492 3.081 interest expenser 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 SLE 1 Current ratio 237 1.22 2. Quick ratio 1 51 X -0.79 3 Times interest earned 4.45 X 5.68 4 Liabilities-to-equity 1.72 0.93 x b. Which company appears more liquid? HAL : Which company appears more solvent? SLB

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