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.

$ 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	Answer	Answer
2.	Quick ratio	Answer	Answer
3.	Times interest earned	Answer	Answer
4.	Liabilitiestoequity	Answer	Answer

b. Which company appears more liquid? AnswerHALSLB

c. Which company appears more solvent? AnswerHALSLB